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EU sets up three months of talks with China over €360bn trade deficit

Two sides agree to try to make bilateral relationship ‘more balanced’ after weeks of threats The EU and China have agreed to enter three months of talks to try to avoid a trade war over the bloc’s €360bn (£310bn) annual import/export imbalance. In their first joint statement in seven years, the two sides agreed in Brussels to open a formal trade consultation after weeks of threats and recriminations from China if the EU imposed any measures to stop the flood of goods and components into the bloc. The EU’s trade commissioner, Maroš Šefčovič, said he hoped the “dialogue would bring tangible results” before the next meeting in Beijing in October. He met his Chinese counterpart, the commerce minister, Wang Wentao, for talks on Monday as part of a diplomatic offensive. They said in a joint statement: “The EU and China as key trade partners, agree that the main objective of the TIC [trade and investment consultations] is to strengthen dialogue at ministerial level on trade and investment policies with the view to stabilise and make our bilateral relationship more balanced.” EU leaders met two weeks ago to discuss concerns over what is now widely being described as

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Jul 5, 2026
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Jul 5, 2026·The GuardianT2 · Outlet reportLATEST
Founder of prominent underground church released from prison in China

Ezra Jin, founder of Zion Church, lands in the US and reunites with family who are ‘overwhelmed with joy’ The founder of one of China’s most prominent underground churches has been released from prison and reunited with…

Read original at The Guardian →
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June 2026

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Jun 30, 2026·The GuardianT2 · Outlet reportKEY MOMENT
EU halves duty-free steel quota but UK and other partners given better rate

Thirteen countries with a free trade agreement with Brussels have their quota reduced by just one-third The EU has halved the amount of duty-free steel it will accept from abroad, but has agreed higher import volumes…

Read original at The Guardian →
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Jun 29, 2026·The GuardianT2 · Outlet reportOPENING
EU sets up three months of talks with China over €360bn trade deficit

Two sides agree to try to make bilateral relationship ‘more balanced’ after weeks of threats The EU and China have agreed to enter three months of talks to try to avoid a trade war over the bloc’s €360bn…

Read original at The Guardian →

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What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.

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T2 · Outlet reportThe GuardianJul 5, 2026

Ezra Jin, founder of Zion Church, lands in the US and reunites with family who are ‘overwhelmed with joy’ The founder of one of China’s most prominent underground churches has been released from prison and reunited with his family in the…

View source →
T2 · Outlet reportBBCJul 3, 2026

Popularity can make or break a career in show business. But for one celebrity in China, even a legion of devoted fans was not enough to stave off the wrath of the internet. Xie Na, one of the most recognisable faces on Chinese television,…

View source →
T2 · Outlet reportThe GuardianJul 3, 2026

America has long stood for freedom and prosperity, but under Trump insults, threats and unpredictability have become the new norm. As the US marks its 250th anniversary, Guardian correspondents around the world report on how it is…

View source →
T2 · Outlet reportCNNJul 2, 2026

A man who flew his plane into Beijing’s tallest skyscraper last week was a 66-year-old local resident who had expressed suicidal thoughts, Chinese authorities said Thursday, amid intense speculation about the pilot’s identity and…

View source →
T2 · Outlet reportThe GuardianJun 30, 2026

Thirteen countries with a free trade agreement with Brussels have their quota reduced by just one-third The EU has halved the amount of duty-free steel it will accept from abroad, but has agreed higher import volumes for more than a dozen…

View source →
T2 · Outlet reportCNNJun 30, 2026

When humanoid robots dominated the stage of last year’s Spring Festival Gala with sleek dance routines, Ai Lin saw more than a spectacle. He saw a business. Soon after, the e-commerce livestreamer in Hangzhou shelled out $30,000 for his…

View source →

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