Fantastic new OECD data comparing international subsidies in key sectors.
"For Chinese firms, almost 60% of their global market share gains can be explained by the subsidies received."
Worth keeping in mind when people insist Europe’s competitiveness problem is mainly about overregulation.
The latest reports about the suspension of DMA fines against Google confirm what @aleichthammer.bsky.social and I wrote last year in an opinion piece for @table.media:
With Trump, negotiations are never settled. Concessions today only fuel new demands tomorrow.
www.delorscentre.eu/de/publikati...
Just days after unveiling details of the transatlantic trade arrangement, Donald Trump threatened retaliatory tariffs over the EU’s digital laws. Brussels must now draw a line: its rulebook is not up ...
Anti-dumping & anti-subsidy measures are overburdened and too case-specific to address a cross-sectoral shock. New instruments, meanwhile, would take years to design, legislate and operationalise. Nor would they remove the political difficulty of agreement or the risk of Chinese retaliation.
I argue that the EU should make better use of the existing safeguard mechanism. With defensible baselines, country-specific tariff-rate quotas, sectoral targeting and systematic import surveillance, safeguards can provide immediate protection while limiting collateral damage to trading partners.
mieser slay, thu
As EU leaders gather at the European Council tomorrow to discuss mounting Chinese import pressure, a consensus is emerging that industrial overcapacity poses a systemic threat to Europe’s manufacturing base. Far less settled is what the EU should do about it.
the clock is ticking
Some seats still available for Wednesday's keynote with Spanish FM José Manuel Albares @delorsberlin.bsky.social @hertieschool.bsky.social
Madrid's emphasis on multilateralism & international law has been widely noted. A chance to hear the rationale firsthand.
www.delorscentre.eu/en/events-at...
