Despite the latest developments, the EU's policy on China will remain based on "de-risking" rather than "decoupling", Brussels has said. #EuropeNews

The European Union will not decouple from the Chinese economy as a condition for reaching a trade deal with Donald Trump’s administration, the European Commission said on Tuesday amid reports that the White House has asked countries to do exactly that.

  • UnderpantsWeevil@lemmy.worldEnglish
    4·
    18 小时前

    Logic correct: “Donald Trump’s administration” isn’t a substitution for “Chinese economy”.

    Chinese bureaucracy appears to be stable and consistent when adhering to policy over the span of decades.

    Trump’s administration appears incapable of setting a policy that survives a holiday weekend.

    What’s crazy is that the domestic business community and their pets in the national legislature are content to let Trump run a wrecking ball through the last 80 years of delicately assembled and refined trading partnerships. America truly is a madhouse.

    We should start making a list of really important USA exports (I bet that list won’t be long) and search for alternatives.

    Lot of that already happening at the multi-national level. We’re seeing a real bifrication of supply chains as the US grows openly hostile towards international trade. And Chinese business leaders seem eager to fill the gap.