Europe’s Trade War with China Will Backfire
5 Articles
5 Articles
Europe’s trade war with China will backfire
In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk the mainstream economic orthodoxies surrounding Europe’s aggressive tariff strategy against China while simultaneously warning that the rise of AI and Big Tech is not the future of market capitalism but rather its death knell, as centralized platforms trap society in a new era of techno-feudalism. a.appcomments { background: #FFF; border: 1px solid #4…
Five EU member states, including the Netherlands, France, and Italy, are demanding that the European Commission adopt stricter trade measures. In a joint document, the countries warn of the devastating impact of ‘unfair trade practices’ and the enormous industrial overcapacity of countries like China. According to the authors, European industry has already lost a million jobs between 2019 and 2025 as a result.
France, Italy, Spain, the Netherlands and Lithuania call on the European Union to adopt a much more aggressive trade policy against China and the States accused of unfair economic practices.
Europe must avoid a trade war with China and recommit to cooperation
As debates intensify within the European Union over how to respond to growing economic competition from China, a number of member states have begun advocating tougher trade measures against Chinese imports. A joint policy paper reportedly circulated by Spain, France, Italy, the Netherlands, and Lithuania calls for stronger trade defenses, including higher tariffs and more assertive action against what they characterize as unfair Chinese trade pr…
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