Can Europe reject a trade war detour against China?
As Biden ramps up punitive tariffs to protect an ailing corporate supremacy, the EU faces a crucial choice — stay chained to a crumbling US empire, or navigate constructive economic ties with China itself, writes MARC VANDEPITTE
THE US economic war against China has been going on for some time. It began under Trump and was continued zealously under Biden.
It ranges from import tariffs on Chinese machinery, electronics, steel, aluminium and auto parts, among others, to restrictions on technology transfers of semiconductors, artificial intelligence, telecommunications and 5G networks, space and satellite technology, robotics and advanced manufacturing technology.
Several Chinese companies are on blacklists, preventing US companies from trading with them. This also applies to investments in certain Chinese sectors such as technology, telecom and infrastructure.
More from this author
ROS SITWELL reports from a conference held in light of the closure of the Gender Identity and Development Service for children and young people, which explored what went wrong at the service and the evidence base for care
ROS SITWELL reports from the three-day FiLiA conference in Glasgow
ROS SITWELL reports on a communist-initiated event aimed at building unity amid a revived women’s movement
London conference hears women speak out on the consequences of self-ID in sport
Similar stories
New tariffs on Chinese electric cars protect European capitalists at European consumers’ and workers’ expense, writes BHABANI SHANKAR NAYAK, showing a continuation of neocolonial trade practices
Brussels is following the US’s lead in slapping punitive duties on China’s electric vehicles, sabotaging Europe’s climate goals and economic interests to appease Biden’s anti-Beijing crusade, writes CARLOS MARTINEZ
Brussels is following the US’s lead in slapping punitive duties on China’s electric vehicles, sabotaging Europe’s climate goals and economic interests to appease Biden’s anti-Beijing crusade, writes CARLOS MARTINEZ