As the US and China turn trade policy into a tool of coercion, the EU must move from defensive regulation to credible economic deterrence.
…
It is … a matter of utmost and overriding urgency for Brussels to fully operationalize its Anti-Coercion Instrument. Concurrently, Europe must map out its own industrial strengths—and they do exist—to identify critical European-made components and products whose sudden withholding would inflict severe, asymmetrical damage on both American and Chinese supply chains.
…
You must log in or # to comment.
First expand our trade network and defend our trade allies from being seized by the Americans or Chinese,
then play the Americans and Chinese out against each other.