EU-China Trade Tensions Escalate Over Hybrid Cars, Port Deals, and Reciprocity

The European Parliament passed a resolution demanding trade reciprocity from China or countermeasures. Beijing rejected requests to curb hybrid and EV exports, while Germany blocked Cosco's acquisition of a Hamburg port logistics firm, citing security. A commentator says trade commissioner Maroš Šefčovič called the roughly €1 billion daily trade deficit unsustainable and argues that Europe's energy costs, regulations and export restrictions also matter.