EU Finally Has a Plan to Fend Off the US and China, But It’s Running Out of Time

The European Union is facing a significant challenge in defending its industries against the growing dominance of the United States and China. The article suggests that the EU has finally devised a plan to address this issue, but time is running out. The plan aims to strengthen the EU's defense and economic systems, which have underpinned the continent for the past 70 years. The article highlights that American and Chinese competitors have been gradually eroding these systems, posing a threat to various EU industries. The EU's response involves a concerted effort to safeguard its industries and maintain its economic and strategic autonomy. However, the article suggests that the EU is running out of time to implement this plan effectively, underscoring the urgency of the situation. The article provides a high-level overview of the EU's challenges and its attempts to devise a comprehensive strategy to counter the growing influence of the US and China in the European market. The focus is on the EU's efforts to preserve its industries and economic resilience in the face of these formidable competitors.
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