EU trade deficit with China reaches €360bn; Šefčovič to host Chinese commerce minister in Brussels 29-30 June (euobserver.com)

• EU trade deficit with China hit €360bn in 2025, rising further in early 2026.
• Šefčovič to host China's commerce minister in Brussels on 29-30 June for trade talks.
• OECD report says Chinese firms get 3-8x more subsidies; China disputes findings.

"The EU's trade deficit with China hit €360bn last year and widened in early 2026. EU trade chief Maroš Šefčovič will host China's commerce minister Wang Wentao in Brussels on 29-30 June for talks aimed at reducing the deficit. The EU previously imposed tariffs on Chinese EVs, but exports still rose 26% to 1.2 million vehicles. An OECD report found Chinese firms receive 3-8 times more subsidies than competitors. China dismisses the report as one-sided."