Trump, European Union and trade
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EU lifts most Syria sanctions but slaps new ones on alleged culprits in attacks on Alawite civilians
The European Union has lifted a wide range of sanctions on Syria, but slapped new ones on people it says participated in attacks on Alawite civilians during a wave of violence in the Syrian coastal region in March.
The European Union is set to offer greater flexibility in July over achieving its emissions-reduction target for the next decade, as the bloc seeks to bolster flagging support for its ambitious climate plans.
Malaysia’s Commodities Minister on Wednesday expressed concern over the European Union classifying the country as “standard risk” under the new anti-deforestation law, saying the designation was based on old data.
The European Commission has launched an investigation into four major adult websites on Tuesday, accusing them of not complying with regulations that protect minors from accessing pornography.
The European Commission says it will look into major pornography websites in its effort to better protect young people under age 18 from lewd Internet content.
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Fast-fashion retailer Shein on Thursday said it would increase its testing of products this year, after the European Union warned of fines if it does not address the bloc's concerns about unsafe and dangerous products sold on its site.
EU regulators are planning their first stress test to look for vulnerabilities in the financial system outside of banks, reflecting fears about the rapid growth of less regulated groups such as hedge funds and private equity.
The announcement followed a call between Ursula von der Leyen and President Trump over the weekend after Trump’s tariff threat last week.
Bank of England Governor Andrew Bailey said on Thursday that he hoped there would be closer cooperation in future between Britain and regulators in the European Union on financial services and broader trade issues.
Apple is risking more penalties over App Store practices that EU regulators say remain too restrictive and breach the Digital Markets Act.