EU to cap Chinese hybrid imports at 350,000 vehicles a year
AI-generated briefing · First published
EU and China agreed a four-year quota on hybrid imports from December, with China cutting some tariffs.
The EU will limit imports of Chinese hybrid vehicles to 350,000 units in 2027, rising 6% annually for three years, under WTO safeguard rules effective December, sources 1 and 3 report. [1] [3]
China will cancel some auto-parts tariffs and halve duties on footwear, olive oil and ice-cream, while both sides will discuss export controls on rare earths, sources 1 and 3 say. [1] [3]
China’s commerce ministry confirmed three principles—respect for facts, non-discrimination and WTO compliance—while the EU trade commissioner called the deal a blueprint for further talks, sources 1 and 2 note. [1] [2]
Sources
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ITHome · · Summary only
- EU to limit Chinese hybrid vehicle imports to 350,000 a year
The Guardian · · Full text