European companies with operations in China will be exempt from the restrictions. For non-European companies, the proportion of medical devices imported from the EU can't exceed 50% of the value of a ...

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European Union officials will spend July in talks with China. Tensions are high, hopes are low and stability is the end game.

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As part of its offer to the Washington, Brussels will also offer to deregulate, widening a recent drive to cut red tape for companies that can be pitched to Trump as a benefit for US business.

Share or comment on this article: Keir's blank cheque for Brussels: PM faces grilling from MPs over how much Brits will pay the EU for his 'reset' - as jubilant Europhiles urge him to go even further ...

Brussels hopes this financial scenario will be enough to deter Hungary from derailing the next renewal in July. The country could still agree to keep some sanctions in place and release others.