The European Union (EU) has imposed tariffs of up to 45.3 per cent on Chinese-built electric vehicles to counter alleged subsidies. The new rates will take effect the following day and will apply to Chinese brands' share of the EU market, which is estimated to be 8 per cent from below 1 per cent in 2019. The EU's stance towards …
The European Union is recalibrating its semiconductor strategy in response to the fierce confrontation between China and the United States. The EU is focusing on geopolitical security, economic security, and technological competition to address these issues. The EU has introduced the European Chips Act, which aims to increase its share of the global semiconductor market to 20 percent by 2030, …
European countries are facing pressure to increase their involvement in the ongoing conflict in the Middle East, with some even imposing arms embargoes on Israel. The Dutch government has been criticized for not doing enough in response to the conflict and has been urged to join with other European countries in helping to stop the conflict from spreading. Experts suggest …
The EU is concerned about a new trade war with China and is taking steps to resist it. The EU views China as a potential partner in some areas but as a competitor and a systemic rival in others. A trade war could disrupt the atmosphere within the multilateral trading system, affect the World Trade Organisation, and lead to economic …
European countries are concerned about the tone of US-EU relations if President Harris wins the US presidential election. While they hope for a warmer approach under her leadership, they expect major pressure to keep increasing defense spending. The EU believes that a Harris administration would be more focused on trade and dialogue than on security, which could lead to a …
)
