News Snapshot:
The united front in trade and tech forming between Washington and Brussels is likely to impede China’s access to advanced technologies and erode its supply chain advantages, according to analysts. While the second US-EU Trade and Technology Council (TTC) meeting concluded on Monday without a specific action plan, the cross-Atlantic agreement on principles and ideologies underlying technology policies look set to generate headwinds for Beijing’s ambitions of becoming a global tech power. Although Russia was the main target of enhanced cooperation between the US and EU – a 48-page statement from the meeting mentioned Russia 48 times – the document...