EU Trade Chief Šefčovič Announces China Trade Deal After High-Stakes Beijing Talks | AC1N

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EU Trade Commissioner Maroš Šefčovič announces a trade understanding with China aimed at reducing Chinese hybrid and plug-in hybrid vehicle exports to the European Union by more than half over four years. The agreement also seeks to improve EU market access in China and facilitate rare earth and permanent magnet exports, as Brussels pushes to rebalance trade ties with Beijing. For more details, watch our story and subscribe to our channel, DRM News. EU China trade deal, Maros Sefcovic, China hybrid car exports, European Union trade, EU China relations, Chinese car imports, plug-in hybrid vehicles, EU trade deficit, China trade negotiations, rare earth exports, electric vehicle tariffs, Beijing press conference, Wang Wentao, European automotive industry, international trade, EU market access, China economic policy, WTO trade rules #EUChina #ChinaTrade #MarosSefcovic #EuropeanUnion #HybridCars #China #TradeDeal #RareEarths #ElectricVehicles #Beijing #GlobalTrade #EUTradePolicy EU Trad

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