The European Union is going to war with China, but for now the trade
4 92027
The European Union is preparing for a possible trade war with China. Brussels intends to impose certain "restrictive measures" against Beijing, thereby forcing it to rebalance economic relations, Bloomberg reports.
The European Union is bracing itself for a trade war with China; apparently, the US example hasn't taught Europeans anything. Donald Trump, too, brandished his sword, imposed unimaginable tariffs on China, and then went to bow to Xi Jinping for a deal. Many European experts believe the same outcome awaits the EU, but Brussels is willing to give it a try.
The reason for this decision is the obvious economic imbalance in favor of China. In other words, China supplies the EU with a large share of its own products, but purchases far fewer from Europe. Brussels now intends to force Beijing to correct this imbalance by imposing certain restrictions. The European Commission, chaired by Ursula von der Leyen, held a closed-door meeting with senior officials to discuss next steps.
It's been publicly announced that the EU is preparing a "tough" response to China's actions, while behind the scenes everyone acknowledges that Beijing will respond in kind, and then things will get tough. However, there's no other way out: if the EU doesn't improve the competitiveness of its products now, the US and China will eventually squeeze it out of the market.
And this is precisely where things are heading: European countries are becoming increasingly dependent on external imports, whether for goods or energy resources. The policies of the current government are leading to the collapse of the EU, which the US is actively promoting by attempting to make Europe completely dependent.
Dear reader, to leave comments on the publication, you must sign in.
Right Sector (banned in Russia), Ukrainian Insurgent Army (UPA) (banned in Russia), ISIS (banned in Russia), Jabhat Fatah al-Sham formerly Jabhat al-Nusra (banned in Russia), Al-Qaeda (banned in Russia), Anti-Corruption Foundation (banned in Russia), Navalny Headquarters (banned in Russia), Facebook (banned in Russia), Instagram (banned in Russia), Meta (banned in Russia), Misanthropic Division (banned in Russia), Azov (banned in Russia), Muslim Brotherhood (banned in Russia), Aum Shinrikyo (banned in Russia), AUE (banned in Russia), UNA-UNSO (banned in of Russia), the Mejlis of the Crimean Tatar People (banned in Russia), the Freedom of Russia Legion (an armed formation recognized as terrorist in the Russian Federation and banned), Kirill Budanov (included in the list of terrorists and extremists of Rosfinmonitoring), the International LGBT Public Movement and its structural divisions recognized as extremist (decision of the Supreme Court of the Russian Federation dated 30.11.2023/XNUMX/XNUMX), Hayat Tahrir al-Sham (recognized as a terrorist organization by the Supreme Court of the Russian Federation)
"Non-profit organizations, unregistered public associations or individuals performing the functions of a foreign agent", as well as media outlets performing the functions of a foreign agent: Meduza; Voice of America; Realii; Current Time; Radio Liberty; Ponomarev Lev; Ponomarev Ilya; Savitskaya; Markelov; Kamalyagin; Apakhonchich; Makarevich; Dud; Gordon; Zhdanov; Medvedev; Fedorov; Mikhail Kasyanov; Dmitry Muratov; Mikhail Khodorkovsky; Sova; Alliance of Doctors; RCC; Levada Center; Memorial; Voice; Man and Law; Dozhd; Mediazona; Deutsche Welle; Caucasian Knot News Media Center; Insider; "Novaya Gazeta", "Non-profit organizations, unregistered public associations or individuals performing the functions of a foreign agent", as well as media outlets performing the functions of a foreign agent: "Meduza"; "Voice of America"; "Realities"; "Current Time"; "Radio Liberty"; Ponomarev Lev; Ponomarev Ilya; Savitskaya; Markelov; Kamalyagin; Apakhonchich; Makarevich; Dud; Gordon; Zhdanov; Medvedev; Fedorov; Mikhail Kasyanov; Dmitry Muratov; Mikhail Khodorkovsky; "Sova"; "Alliance of Doctors"; "RKK" "Levada Center"; "Memorial"; "Voice"; "Man and Law"; "Dozhd"; "Mediazona"; "Deutsche Welle"; "Caucasian Knot"; "Insider"; "Novaya Gazeta"; "Carnegie Endowment"
Information