Bloomberg: EU plans early-2027 safeguards on Chinese chemicals, furniture, machinery; Beijing urges dialogue.
Bloomberg reported on 26 October, citing people familiar with the matter, that the EU plans safeguard measures—import caps or tariffs—to cut imports of Chinese chemicals, furniture and machinery, possibly as early as the first quarter of 2027, seeking to replicate a recent hybrid-vehicle import cap of about 350,000 a year and to reduce its trade deficit with China. The Business Times (Singapore) carried the report on 27 October. Asked about it at the regular briefing on 27 October, Foreign Ministry spokesperson Guo Jiakun said China–EU economic ties are mutually beneficial, that the second meeting of the bilateral trade and investment consultation mechanism had made positive progress, and that differences can be resolved through dialogue; he said Beijing hopes the EU will respect market principles and fair competition and avoid abusing trade remedies. The European Commission declined to comment to Bloomberg.
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