Don't blame China for unraveling US-Europe relations

Brasil Notícia Notícia

Don't blame China for unraveling US-Europe relations
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 CNBC
  • ⏱ Reading Time:
  • 75 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 72%

Ongoing trade disputes and U.S. President Donald Trump's constant hectoring about Europe's failure to meet defense spending targets have ended up sealing the belief that the transatlantic community was in deep trouble, writes Dr Michael Ivanovitch.

U.S. President Donald Trump's hostile statements about the European Union and the Atlantic military and political alliance are among the many things he disowned — upon reflection, or under pressing advice from his horrified security experts.

People with short memory and idiosyncratic agenda take Italy's regal welcome to Xi during his visit Mar 21-23, and Rome's acceptance to participate in China's Belt and Road project, as a seminal event marking an irreparable breach of transatlantic union and solidarity.

All those examples are just fragments of a vast China-EU trade. According to the China Railway Corporation, freight trains, running along the Belt and Road itineraries, are now connecting 59 cities in China to 49 cities in 15 European countries. Last year, 6,363 freight train trips were made between China and Europe, a 73 percent increase from 2017.

China will continue to deal on trade and investments with individual EU countries, partly because it will take time to put in place the new leadership of the EU Commission. Apart from that, nobody knows what the Commission will look like after the parliamentary elections in late May, much less what its trade mandate will be.

That is also a world apart from Washington's position, where the Belt and Road is considered to be China's design of expanding its global economic and political influence to challenge America's world order. One can, therefore, easily dismiss the call for EU sovereignty, and the ambition to play on equal footing with the world's two largest economies. But one cannot ignore the view that the EU apparently no longer sees itself as an ally and partner in the transatlantic community.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

CNBC /  🏆 12. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

'Fortress Europe' isn't being built to challenge China or US, ECB's Mersch says'Fortress Europe' isn't being built to challenge China or US, ECB's Mersch saysFrance and Germany both want to create European 'Industrial Champions' that can compete with bigger rivals.
Consulte Mais informação »

Analysis | China lays down a marker in EuropeAnalysis | China lays down a marker in EuropeItaly becomes the first major Western economy to join an ambitious Chinese global infrastructure project.
Consulte Mais informação »

If the US is slowing down, Europe is headed for 'an abrupt stop'If the US is slowing down, Europe is headed for 'an abrupt stop''We are now seeing a more persistent deterioration of external demand,' European Central Bank President Mario Draghi said on Wednesday.
Consulte Mais informação »

Watch: CNN's Don Lemon on the Mueller report—why has Trump 'repeatedly deferred to Putin?'Watch: CNN's Don Lemon on the Mueller report—why has Trump 'repeatedly deferred to Putin?'Lemon called for the release of the full report to address questions raised by Attorney General William Barr's summary letter.
Consulte Mais informação »

McCarthy demands Schiff step down as intel chairmanMcCarthy demands Schiff step down as intel chairmanRepublicans clamored for House Intelligence chair Adam Schiff's head Monday, demanding he resign as part of their campaign of revenge against Democrats who promoted allegations of collusion between Trump and the Russian government
Consulte Mais informação »

New Cars in Europe Will Be Prevented From SpeedingNew Cars in Europe Will Be Prevented From SpeedingUnder new EU legislation agreed this morning, automakers will be required to equip cars with Intelligent Speed Assistance, which uses wireless data to stop cars from going above the speed limit. But in a last-minute compromise, drivers will be given the ability to switch the devices off.
Consulte Mais informação »

Europe Embraces China’s Xi—WarilyEurope Embraces China’s Xi—WarilyEuropean leaders sought to present Chinese President Xi Jinping with a united front, pressing him for more reciprocity. But with Europe eager for Chinese business, the trip was seen in Beijing as a success for Mr. Xi.
Consulte Mais informação »

Huawei unveils new smartphones in EuropeHuawei unveils new smartphones in EuropeHuawei announced the latest versions of its flagship smartphone, the P30 and P30 Pro, at a press conference in Paris — along with new wireless earphones and a number of wearables like sunglasses and watches
Consulte Mais informação »



Render Time: 2025-03-01 19:55:13