Tooth and Claw: Why Europe Must Urgently Brace for a Two-Front Trade War
Tooth and Claw: Why Europe Must Urgently Brace for a Two-Front Trade War
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Tooth and Claw: Why Europe Must Urgently Brace for a Two-Front Trade War | IEP@BU
As the US and China turn trade policy into a tool of coercion, the EU must move from defensive regulation to credible economic deterrence.
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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.
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