Published on
03/07/2026 - 13:16 GMT+2
German MEP Bernd Lange (S&D), chair of the European Parliament's trade committee, said on Friday that the October deadline set by the European Commission to secure a binding trade agreement with China is “not realistic at all”.
The European Union, which is under pressure from a €1 billion-a-day trade deficit with China that threatens hundreds of thousands of jobs across the bloc, is seeking a negotiated solution to rebalance the two sides' trade relationship.
However, tensions are running high. In recent weeks, China has repeatedly threatened to retaliate against Brussels if it adopts protectionist measures to shut its market to Chinese products.
