Trade war instruments: EU arms itself

How can malicious behavior be prevented in international trade? The EU is giving itself new tools – and they are more relevant than ever against the backdrop of the Russian invasion of Ukraine.

Bernd Lange (SPD/S&D), Chairman of the Trade Committee in the European Parliament, sees a „weaponization of trade“. And Lange is not only referring to the currently so important issues of dealing with the Russian Federation but also to the behavior of China and the USA under Trump. Arbitrary punitive tariffs, subsidies, targeted mistreatment of European companies abroad – all this is part of the arsenal of the world’s powerful states.

Sign up now and continue reading immediately