Managing the What Ifs: Europe, China and world trade
The Sound of Economics
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Enhancing Economic Security Through De-Risking Imports
The chapter explores Europe's strategy for improving economic security by de-risking imports instead of severing trade ties. It underscores the significance of identifying high-risk product lines, diversifying trade partners, and commends the European Commission's proactive economic security legislation. Additionally, it examines the potential repercussions of sudden decoupling scenarios with major economies, advocating for gradual strategies to mitigate economic impacts and promote trade resilience.
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