EU must stay the course in face of US-China trade war

EU must stay the course in face of US-China trade war
US president Donald Trump. Picture: Getty

To safeguard its prosperity in a dangerous age, the European Union will have to come up with a geopolitical strategy for the next century

After three decades of moving toward a single global market governed by the rules of the World Trade Organisation, the international order has undergone a fundamental change. The United States and China are locked in a tariff war that at first seemed to be about the bilateral trade balance, but has turned out to be about much more than that.

Until recently, one could find hope in the fact that, despite frequent exchanges of threats,...

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