Global crises pushing US and Europe into closer commercial partnership, top EU trade official says


Source: scmp.com scmp.com

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Global crises from Covid-19 to the war in Ukraine have effectively pushed the United States and European Union into closer commercial partnership and could enable the two to counter China in the future, a top EU trade official said on Wednesday. Sabine Weyand, the European Commission’s Director General for Trade, outlined Europe’s rethinking of its trade policies, particularly in light of Russia ’s invasion of Ukraine . Dovetailing transatlantic legislation would serve to offset China’s influence and “ensure security and level the playing field in the face of unfair competition” over the long term, Weyand said in remarks delivered at...