Former Italian PM Draghi calls for EU to actively defend economic interests against China with unfair advantages, suggesting use of tariffs and subsidies, and advocating for cheaper energy and stronger industrial policies.
Former Italian PM Mario Draghi urged the EU to become less passive in defending its economic interests against countries like China with unfair advantages. Draghi suggested the EU should be ready to use more tariffs and subsidies, and that Europe needs cheaper energy, stronger industrial and trade policies for competitiveness. His comments come after the EU announced higher tariffs on Chinese electric vehicle imports.
June 14, 2024
3 Articles