Why Xi’s US trip leaves Europe relieved by the trade truce – but wary of what comes next
The summit in Washington eases near-term uncertainty over rare earths, but analysts fear the bloc could have less say over decisions shaping its economic interests.
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“The stabilisation of relations between the United States and China benefits Europe, which fears both a new trade escalation and an unprecedented rapprochement at Europe’s expense,” said Marc Julienne, director of the Centre for Asian Studies at the French Institute of International Relations.
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The continued flow of rare earths is among Europe’s main concerns. China’s export controls on critical minerals, which Beijing framed as a response to Washington’s trade measures, hit European industry just as hard, Julienne said.
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Texte citation
The stabilisation of relations between the United States and China benefits Europe, which fears both a new trade escalation and an unprecedented rapprochement at Europe’s expense
Director, Center for Asian Studies, Ifri
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