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What would a Trump victory mean for EU-China relations?
euronews (in English)
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1 year ago
The EU has said it wants to de-risk relations with Beijing, but could the bloc face more pressure to toughen its stance if Republican candidate Donald Trump wins next week?
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00:00
The EU and U.S. agree on one thing, to ensure that China does not dominate the market for
00:12
new technologies and green energy.
00:15
However, their approaches differ.
00:19
Washington favors decoupling, while Brussels prefers de-risking.
00:25
Could the U.S. presidential election change the game?
00:55
Neck and neck, Democrats and Republicans will continue the technological battle of
01:11
the world's two leading economies for control over production chains and markets.
01:16
Only their methods differ.
01:51
On the contrary, Washington sees Beijing as a competitor to its declining hegemony.
01:56
So while the U.S. has sought to decouple from China, the European Union does not want to
02:00
cut off its links with the Asian giant because their supply chains are too intertwined.
02:08
The 27 have, however, hardened their tone.
02:11
They plan to introduce a surtax on electric vehicles from China and have launched an investigation
02:16
into Chinese subsidies for solar panel manufacturers.
02:22
In case of an escalation of the U.S.-China relations, the tension between these two countries,
02:29
the U.S. would definitely come down hard on Europe for decoupling, leaving the moderates
02:39
a relatively more moderate de-risking strategy in favor of a very sharp decoupling from China,
02:47
which I think Europe cannot afford.
02:52
Faced with an unpredictable policy of Donald Trump towards Beijing, the EU and China are
02:57
kept in the dark.
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