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Updated 10/10/2026, 7:18:17 AM

Business

BUSINESS
October 9, 2026

European Union and Chinese trade officials reached a preliminary agreement aimed at easing trade tensions, including potential reductions in tariffs on selected European goods and measures to stabilize rare-earth supply chains. The deal could reduce Chinese electric and plug-in hybrid vehicle exports to the EU by up to 50%.

A

Associated Press

Oct 9, 2026