Apple is reportedly in eleventh-hour negotiations with European regulators about changes to its App Store. As the Financial Times (FT) reported Monday (June 23), the tech giant is hoping to escape a series of escalating fines from the European Union (EU) set to go into force this week. Apple has already been fined 500 million…
Fish can get pretty political. A deal on fishing waters was one of the last things to be sorted out during the original Brexit negotiations, and may prove to be the most contentious aspect of the “reset” agreement struck this week. [ Explainer: what is Keir Starmer’s Brexit reset deal?Opens in new window ] “We always get…
Donald Trump’s trade war may be a threat to China’s economy, but it may also offer a chance to improve relations with Europe and its neighbours in Asia, as well as “rehabilitating” its image internationally, according to analysts. Beijing has already started working to improve relations with these countries and forge alternative trade agreements and…
CHANGES ARE COMING FOR THE CHINESE ELECTRIC VEHICLE MARKET AMID ONGOING GLOBAL TRADE TENSIONS. THE EUROPEAN UNION AND CHINA HAVE AGREED TO EXPLORE THE POSSIBILITY OF SETTING MINIMUM PRICES ON CHINESE-MADE EVS- AS AN ALTERNATIVE TO THE STEEP TARIFFS THE EU IMPOSED ON THESE ELECTRIC MODELS LAST YEAR. A EUROPEAN COMMISSION SPOKESPERSON CONFIRMED…
BERLIN (Reuters) -The European Union and China have agreed to look into setting minimum prices on Chinese-made electric vehicles instead of tariffs imposed by the EU last year, a European Commission spokesperson said on Thursday. German newspaper Handelsblatt reported earlier on Thursday that negotiations had begun. EU trade commissioner Maros Sefcovic spoke with China’s commerce…
European Union officials had just approved retaliatory levies of 10 to 25 percent on about $23 billion of American imports when President Trump abruptly changed tack on Wednesday, announcing that he would hit pause on some of the tariffs he had placed on Europe and much of the rest of the world. Mr. Trump’s announcement…
Computadoras portátiles de Taiwán, vino de Italia, camarones congelados de India, zapatillas Nike de Vietnam y mantequilla irlandesa. Estos productos se encuentran en los hogares de todo Estados Unidos, un testimonio del perdurable papel del país como campeón del libre comercio y de su posición como el mercado más lucrativo para mercancías de todo el…
The EU is ready to mark 50 years of diplomatic relations with China by “deepening trade and investment cooperation”, its trade commissioner said in Beijing on Thursday, according to a Chinese readout. Maros Sefcovic made the remarks during a meeting with Chinese Vice-Premier He Lifeng, an account by Xinhua News Agency said. The meeting took…
European Union officials are delaying their retaliation against President Trump’s steel and aluminum tariffs — including 50 percent levies on American whiskey — until mid-April, aiming to refine the list of products that will be hit while also allowing more time to strike a deal with the United States. The European Commission has decided that…
BRUSSELS (Reuters) – European Union countries are discussing making the bloc’s binding gas storage goals more flexible, over concerns that the rules risk inflating gas prices, a negotiating document seen by Reuters showed. Countries including Germany, France and the Netherlands have warned the EU’s binding deadlines to fill gas storage are pushing up prices, by…