2min chapter

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Beyond Decoupling: NATO for Trade

ChinaTalk

CHAPTER

The Difference Between Denial and Punishment

The EU didn't end up developing a compensation fund at all and truly focused on, you know, you call the trans by punishment. The fact that during your consultations that you heard from US allies that that was not only not of interest, but also like straight up unwanted is fascinating. I think with Australia too, where they blocked a lot of imports of Australian goods, but not for iron ore because that's the one they really couldn't get a substitute for. So coal, sure wine, barley, but not iron because they really can't get a replacement.

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