EU

EU Trade Commissioner Maroš Šefčovič announced discussions with US counterparts about establishing a digital legislation forum, aiming to address concerns related to the EU’s Digital Services and Markets Acts. The US seeks to ease these regulations, linked to ongoing steel and aluminium tariff negotiations.

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Péter Magyar, Hungary’s new political leader, signalled a continuation of his predecessor Viktor Orbán’s strategy to attract Chinese electric vehicle manufacturers. At a recent press conference, Magyar emphasised collaboration with China while committing to align investments with EU regulations, amid rising scrutiny of Chinese market practices.

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