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EU to press China for export curbs in October

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Story summary
  • Trade Commissioner Maroš Šefcovic will travel to Beijing on 8 October and 9 October to seek export curbs.
  • Commission data show the EU’s daily trade gap with China exceeded €1 billion in July.
  • Séjourné warned the EU lost 250,000 industrial jobs last year, with thousands disappearing weekly.
  • Commission prepared anti-dumping duties and tariffs on electric vehicles and solar panels.
  • China has resisted voluntary export restrictions, raising concerns about possible rare-earth retaliation.