China has proposed a partial trade agreement with the European Union to prevent a broader escalation of tariffs and economic tensions. The deal includes measures to boost imports of EU goods, particularly in sectors like machinery, chemicals, and pharmaceuticals, while also addressing EU concerns over market access and subsidies. Both sides are reportedly negotiating terms to avoid further retaliatory duties that could disrupt global supply chains. The agreement, if finalized, would mark a step toward easing trade friction between the world’s two largest economies.
China Moves to Stave Off Wider EU Trade War With Hybrid Deal Bloomberg.com
