China, EU take a breath after surprise deal brings temporary halt to trade tussle

China and the European Union reached a surprise trade deal that caps Chinese hybrid car exports to the EU to 350,000 units annually with a 6% growth limit for four years, while China reduces tariffs on various European goods. The deal aims to ease bilateral trade tensions and aligns with WTO rules, with the European Union using a safeguard instrument to enforce the import limits starting December 1.

This Wire brief sits within Fusion42's coverage of Micromobility, and 9 sources have reported it between 7 Oct 2026 and 13 Oct 2026.