lørdag 5. april 2025

Will Trump’s Tariffs Drive Europe Into China’s Arms, or Into a Fight?

President Trump’s tariffs mean that companies across the European Union and around the world are at risk of losing access to the world’s largest consumer market. Naturally, they are looking for the next big thing. Statistically speaking, that would mean China.

The E.U. has the second-largest consumer market in the world behind America; China is third. But China and the E.U. have not exactly been cozy in recent years. Europe has regularly blasted China for overproducing and dumping artificially cheap products on the global market, and European leaders have criticized China’s stance toward Russia’s war in Ukraine, among other political and social issues.