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EU seeks China trade deal after 2025 deficit surge

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Story summary
  • EU trade chief Maros Sefcovic traveled to China to avert a trade war.
  • He listed three priorities: curb imports, boost EU exports, and secure rare-earth licences.
  • Beijing opposed any import quotas and warned it would retaliate strongly.
  • EU reports a €360 billion 2025 trade deficit with China, while China cites $292 billion.
  • France and other states urged an EU-wide Section 301-style trade-investigation mechanism.