Global Trade Weekly — October 11, 2026
China and the European Union concluded their second Trade and Investment Consultation Mechanism meeting in Beijing on October 9, agreeing to explore tariff reductions under the WTO framework and reaching a specific understanding on hybrid vehicle exports. Meanwhile, the US-China trade truce was formally extended through January 10, 2027, delaying the implementation of the BIS Affiliates Rule and providing a temporary reprieve for global supply chains.
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