EU's Šefčovič: China deficit "almost 197 billion euros" in first half; hybrids safeguard "to be initiated soon"

Trade Commissioner Maroš Šefčovič said "Our deficit with China reached almost 197 billion euros in the first half of this year" and listed "A safeguard on hybrids and plug-in hybrids to be initiated soon". On the US, he said the EU must address "outstanding issues like metals and derivatives" and that "In 2025, EU exports to the US grew 3.5% – to 555 billion euros". He said the Commission will table "the DiversifyEU package" in December.