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EU readies unilateral cap after China rejects hybrid curbs

By Drooid · · How we work

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Story summary
  • China rejected the EU’s request for voluntary curbs on hybrid-car exports.
  • The European Commission is preparing a unilateral EU measure to cap hybrid imports if China refuses.
  • Negotiations are in their final stage as both sides aim to avoid a trade conflict.
  • The Financial Times reported the plan from two diplomats, while Reuters could not verify it.