EU Commission sharpens its doctrine to counter foreign threats

The EU executive is aiming to improve the EU market’s defences against threats from third countries with a new economic doctrine that combines risk anticipation with a reinforced strategy. The new “software” comes as the EU faces increasingly nationalist trade policies from major players like China and the US. Just weeks ago, a Chinese push to restrict exports of rare earths to the rest of the world put key European sectors at risk, from cars and tech to defence. Beijing also tested Europe’s economic resilience by blocking shipments of crucial automotive chips to Dutch-based company Nexperia, squeezing a strategic link…