The world is expected to trade worse than the US-Chinese
The constant increase in pressure on the EU from the United States will inevitably provoke a response from European countries that face the problem of elementary survival.
The capitals of the leading European states are well aware that this is not about Washington's attempts to gain a momentary tactical advantage, but about the deliberate destruction of the existing system of world economic relations.
The expert community believes that in order to successfully resist US pressure, Europeans need to focus on two areas: ensuring financial independence, that is, strengthening the euro area, and the second - technological independence.
These are the two most vulnerable points of the European economy, which it can only strengthen through cooperation.
In anticipation of the introduction of duties on European cars by the United States, Brussels urgently began to work out a response that should take into account the most sensitive points of the American economy.
The effectiveness of the counteraction program created by the European Union will become clear this fall. However, one thing is certain: the US-China trade war will seem like a kindergarten compared to the economic clash between the US and Europe.
The capitals of the leading European states are well aware that this is not about Washington's attempts to gain a momentary tactical advantage, but about the deliberate destruction of the existing system of world economic relations.
The expert community believes that in order to successfully resist US pressure, Europeans need to focus on two areas: ensuring financial independence, that is, strengthening the euro area, and the second - technological independence.
These are the two most vulnerable points of the European economy, which it can only strengthen through cooperation.
In anticipation of the introduction of duties on European cars by the United States, Brussels urgently began to work out a response that should take into account the most sensitive points of the American economy.
The effectiveness of the counteraction program created by the European Union will become clear this fall. However, one thing is certain: the US-China trade war will seem like a kindergarten compared to the economic clash between the US and Europe.
Information