The EU folds on tariffs
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Navigating Transatlantic Tensions
This chapter explores the economic interdependence between Europe and the United States, highlighting Europe's cautious stance on retaliation against U.S. trade policies. It discusses the implications of the EU's anti-coercion instrument and contrasting economic philosophies, especially regarding free trade versus protectionism. The conversation reveals the complexities within the EU about response strategies to tariffs, the anxiety over U.S. political dynamics, and the challenges of integrating European markets amid ongoing trade negotiations.
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