How the US presidential election could shape relations with Europe

There’s bipartisan consensus in Washington on reducing trade with China, and the EU is largely on board - but Europe’s more trade-intensive economy means it also risks becoming “collateral damage” in the US-China economic rivalry, two experts argued for the Centre for European Reform. Many European firms have made significant investments in China, and cheap Chinese goods have contributed to lower prices amid continent-wide concerns about purchasing power, meaning the EU needs to be more “selective” in its approach to Beijing to avoid an all-out trade war, they wrote.