German MEP Bernd Lange (S&D), chair of the European Parliament's trade committee, said on Friday that the October deadline set by the European Commission to reach "tangible results" in trade talks with China is “not realistic at all” if the EU wants a binding agreement.
The European Union, which is under pressure from a €1 billion-a-day trade deficit with China that threatens hundreds of thousands of jobs across the bloc, is seeking a negotiated solution to rebalance the two sides' trade relationship.
