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China and EU Agree to Explore Lower Hybrid-Car Tariffs

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EU, China Trade Talks
  • China and the EU concluded two days of trade talks in Beijing to ease tensions.
  • EU Trade Commissioner Maros Sefcovic visited Beijing and urged tangible trade-rebalancing outcomes.
  • Both sides reached an understanding on hybrid-car trade and will explore lower tariffs.
  • China opened an anti-dumping probe into EU imports of p-nitrotoluene, used in dyes and pharmaceuticals.
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