https://www.live-feeds.com/feed/eu-seeks-to-cut-trade-deficit-with-china-in-talks-with-beijingContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/eu-seeks-to-cut-trade-deficit-with-china-in-talks-with-beijinghttps://www.live-feeds.com/feed/eu-seeks-to-cut-trade-deficit-with-china-in-talks-with-beijing#u118927Tue, 13 Oct 2026 00:50:55 +0000The European Union and China have agreed on a broad initial deal to curb China's exports of hybrid and plug-in hybrid cars to the EU. The deal, reached after two days of talks in Beijing, could cut Chinese hybrid exports by more than 50%. EU Trade Commissioner Maros Sefcovic and Chinese Commerce Minister Wang Wentao met to discuss the trade imbalance between the two sides.Why it mattersTrade tensions have grown between the EU and China, with both sides imposing or considering curbs on each other's imports. The EU has been seeking to cut its trade deficit with China, which has been fu