Tag: Maroš Šefčovič
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Trade commissioner pledges ‘new tool’ to diversify suppliers
The European Commission is preparing a new tool to curb the bloc’s dependence on China, with Trade Chief Maroš Šefčovič saying on Friday that companies could be required to source from at least three different suppliers. #EuropeNews
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EU trade chief to meet China envoy amid heated trade tensions
Brussels is moving to crack down on Chinese overcapacity flooding the EU market, despite Beijing’s retaliation threats. #EuropeNews
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EU vs China: Can Europe break its supply chain dependence?
Brussels wants new rules that would make European companies spread out their supply chains rather than rely on a single main supplier. The EU says its trade relationship with China is now “unsustainable.” Watch the video. #EuXl
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