EU plans Chinese hybrid import curbs as test case for trade rebalancing, report says cnevpost.com
The European Commission is preparing time-limited safeguards that could cap imports of Chinese-made hybrid vehicles, potentially using tariffs on shipments above a quota, Bloomberg reported, citing people familiar with the plans. No quota, tariff rate or start date has been set; the EU is considering hybrids as a test case for measures to address trade imbalances with China, which could later extend to other sectors.