Europe Grapples with Trump's Influence and Policy Challenges
Originally Published 1 year ago — by Financial Times
The EU's new industry chief, Stéphane Séjourné, advocates for a 'Europe First' strategy to protect the bloc's key business sectors amid fears of a global trade war initiated by Donald Trump's policies. Séjourné emphasizes the need for Europe to promote its strategic interests and avoid being overwhelmed by subsidized imports, particularly from China. He stresses that Europe must not become a collateral victim of closed global markets and highlights the importance of developing strategic industries like steel and clean technologies. The EU aims to enhance its competitiveness and create a coherent industrial policy to support growth and employment.