EU trade chief says it needs instrument to diversify suppliers
By The BriefBrief
Maros Sefcovic said the EU is considering a dedicated rule to compel companies to diversify away from China dependencies.
WHO:Maros Sefcovic, EU trade and economic security commissioner
WHAT:Said the EU needs a dedicated instrument to unwind China dependencies by compelling supplier diversification
WHEN:Jun 5, 2026 at 9:10 AM ET
WHERE:European Union
WHY:He said diversification now requires a dedicated instrument to reduce reliance on China, modeled on the EU’s approach to cutting Russian energy dependence after 2022.
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