EU plans to limit Chinese component sourcing to 30-40% for key industries (xataka.com)

• EU proposes 30-40% cap on single-country component sourcing to curb China reliance
• Daily trade deficit with China stands at €1 billion, with automotive sector hit hard
• Measures seen as belated as Chinese firms are already integral to European EV supply chains

"The European Union is considering rules to force companies in sectors like automotive, machinery, and chemicals to source no more than 30-40% of components from a single country, aiming to reduce dependence on China. The move comes amid a daily trade deficit of €1 billion with China and growing concerns over China's dominance in electric vehicle supply chains. Critics argue the measures may be too late as Chinese firms are already deeply embedded in European manufacturing."