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Emeritus Prof Christopher May /
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2025-01-02 07:29:50

Emeritus Prof Christopher May on Nostr: In 2025 the difference between the EU's internal economic relations & its external ...

In 2025 the difference between the EU's internal economic relations & its external relations will be a little more stark.

The EU is built on removing trade barriers (within the Union), but has been more protectionist in its openness to trade (as Brexit has illustrated).

Now, that may be pushed further by two major developments; the 'need' to protect EU car manufacturers against cheap Chinese EV imports; and the likely Trumpian trade war.

Prepare for accusations of trade hypocrisy

#EU #trade
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