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Realtime News
Home > News > Realtime News
Home > News > Realtime News
China, EU reach initial trade agreement
Posted on 2026-10-10 13:09:13
China and the European Union have reached a broad initial agreement to ease
trade tensions.

The EU trade commissioner has announced that the deal includes lower tariffs
for some European goods and measures to stabilize rare-earth supply chains.

The agreement could cut up to 50% of Chinese electric and plug-in hybrid
vehicle imports to the EU.

The talks were aimed at addressing growing trade imbalances, and the deal
would require approval from leaders across the 27-nation EU.

Both sides plan to meet again in January by video and in person in March.

The EU has been limiting imports of Chinese-made electric vehicles and other
products, while China has launched investigations into imports from the EU.

AP_JvW

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