EU Trade Envoy Visits Beijing as Trade Deficit Exceeds $1 Billion a Day

European Commission top trade envoy Maros Sefcovic arrived in Beijing on Thursday for a two-day meeting with Chinese Commerce Minister Wang Wentao to address the EU's $410 billion trade deficit.

European Parliament lawmakers voted 454 to 86 on a resolution calling for economic reciprocity and a proportionate EU response against heavily subsidized Chinese exports.

While France and Germany have pushed for tougher trade barriers and potential tariffs, member states remain divided on deploying aggressive protective measures against Beijing.