The European Union has set an early October deadline for China to deliver concrete commitments aimed at reducing a bilateral trade deficit that reached 360.6 billion euros in 2025, representing a 15% increase from 2024 and an additional 9% growth in the first half of 2026. Brussels is losing roughly one billion euros per day in net goods trade with China. EU Trade Commissioner Maros Sefcovic is overseeing negotiations through the EU-China Trade and Investment Consultations (TIC) mechanism, established on June 29, 2026. The sectors most impacted by Chinese imports include electric vehicles, batteries, machinery, textiles, chemicals, and plastics. If China fails to deliver meaningful commitments by October, the EU has committed to deploying additional trade defense tools.
Source: Read the original article

