EU Trade Commissioner Maroš Šefčovič said on Friday that the EU was walking a tightrope in negotiations with Beijing, weighing conventional trade measures against broader political considerations.
After several months of negotiations, Brussels and Beijing reached a deal on 9 October to curb imports of hybrid cars from China. However, the agreement is unlikely to significantly narrow the EU’s record trade deficit with China, which has reached €1 billion a day, a gap the European Commission is seeking to reduce.
