The European Commission will propose new curbs on imports from China beyond safeguard measures agreed with Beijing to halve inbound shipments of Chinese hybrid cars. European Commission President Ursula von der Leyen said the agreement would not resolve the structural imbalance, with the EU’s goods trade deficit with China exceeding €1 billion ($1.12 billion) a day. EU leaders backed further action, while French President Emmanuel Macron urged attention to chemicals, plastics and ferro-alloys. The Commission also plans a rapid-response instrument to restrict access to the EU single market (the bloc’s common economic area) when necessary, a December proposal to reduce companies’ reliance on single sources for critical supplies, and a solidarity mechanism for countries or sectors facing external coercion or retaliation.