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EU Seeks to Narrow Trade Deficit With China

Ut World October 7, 2026 0

European Trade Commissioner Maros Sefcovic is heading to Beijing for high-level talks aimed at reducing the European Union’s widening trade deficit with China. Sefcovic will meet Chinese Commerce Minister Wang Wentao on Thursday and Friday following three months of discussions on the EU’s goods Continue Reading

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EU Slaps AliExpress With €550 Million Fine Over Illegal Products

Ut World July 20, 2026 0

The European Commission has imposed a record €550 million fine on Chinese e-commerce platform AliExpress for failing to prevent the sale of illegal products, including counterfeit clothing, unsafe toys, and hazardous cosmetics. The penalty, issued under the EU’s Digital Services Act (DSA), follows findings that the company did not adequately remove illegal listings Continue Reading

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EU Slaps Temu With €200 Million Fine Over Illegal Product Sales

Ut World May 28, 2026 0

Chinese online retailer Temu has been fined €200 million ($232 million) by European Union regulators for failing to adequately prevent the sale of illegal products on its platform. The penalty marks the second major enforcement action under the EU’s Digital Services Act (DSA), following a lengthy investigation triggered by complaints from consumer advocacy group BEUC […]Continue Reading

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Trade Pact With European Union May Take Longer To Conclude: Piyush Goyal

Ut World February 25, 2023 0

The European Union (EU) and the United States will negotiate a free trade agreement over a longer period of time, according to Piyush Goyal, minister of commerce for the Union. According to Piyush Goyal, there are two to three nations and the EU with whom active negotiations for FTAs (free trade agreements) are currently taking […]Continue Reading