三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / From the Press

EU must diversify trade to counter tariff threats

ECONOMIC DAILY | Updated: 2025-03-19 07:14
Share
Share - WeChat
[Photo/Agencies]

The European Union recently slapped tariffs on €26 billion ($28.38 billion) worth of goods from the United States, covering agricultural products, textiles, home appliances, and products from key Republican states, responding with precision to the 25 percent tariffs the US has imposed on imported steel and aluminum products from the EU. The EU estimates that US tariffs will cause it about €6 billion in direct losses, while its countermeasures exceed this by more than four times.

However, behind the seemingly tough stance, the EU remains constrained by its weak economic recovery, internal political divisions, and insufficient strategic autonomy. Its weak growth constrains the EU's ability to retaliate. In 2024, the EU's economic growth rate was 0.9 percent, with an expected growth rate of no more than 1.5 percent in 2025. Meanwhile, although the eurozone's inflation rate dropped to 2.4 percent in 2024, food and energy prices continue to rise, household savings rates remain high, and corporate investment willingness is low.

Also, divisions among EU member states on multiple issues continue to widen. For example, cracks have already appeared among EU member states on how to respond to the US threat to impose 200 percent tariffs on EU wine.

Europe's dependence on the US for defense and energy security makes it difficult for it to completely break free from strategic reliance on the US. So when the US imposes unilateral tariffs in the name of "national security", Europe lacks substantive means to counterbalance it.

In November, European Central Bank President Christine Lagarde suggested that the EU purchase more goods from the US, such as liquefied natural gas, to reduce possible conflict and promote cooperation.

A recent trade policy assessment by the Kiel Institute for the World Economy in Germany stated that if the US tariffs are fully implemented, they will lead to an economic contraction in the EU. To mitigate the risks of a trade conflict with the US, the EU needs short-term measures, such as strengthening trade cooperation with other countries and regions, promoting trade diversification, and enhancing policy coordination to counter US trade threats.

 

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚州精品视频 | 一级特级全黄 | 国产不卡的一区二区三区四区 | 亚洲产在线精品第一站不卡 | 国产精品成人一区二区 | xxxxx日本护士xxxhd | 亚洲精品一区亚洲精品 | 亚洲 日本 欧美 日韩精品 | 国产精品污视频 | 日韩一卡2卡3卡四区别 | 国产精品ⅴ视频免费观看 | 一区二区三区四区在线不卡高清 | a毛片免费观看完整 | 久久er精品 | 日本护士xxxx黑人巨大 | 久久精品最新免费国产成人 | 成人免费动作大片黄在线 | 亚洲青青| 成人免费体验区福利云点播 | 欧美色碰碰碰免费观看长视频 | 国产精品一区在线播放 | 成人国产欧美精品一区二区 | 99re66热这里只有精品首页 | 尤物网站在线 | 国产成人手机在线好好热 | 日韩免费在线视频 | 国产99视频精品免视看7 | 久久国产三级 | 日韩中文字幕网站 | 国产精品久久做爰 | 久久在线视频 | 免费看一级欧美毛片视频 | 国产精品视频一区日韩丝袜 | 很黄很色的小视频在线网站 | 国产美女a做受大片在线观看 | 精品一区二区三区视频在线观看 | 黄色一级小视频 | 亚洲三级在线播放 | 亚洲精品一区二区三区福利 | 国产精品欧美亚洲日本综合 | 激情影院成人区免费观看视频 |