With its woeful trade deal, Europe prostrated itself before the president. We need a leader who will tell him where to shove it, says Guardian Europe columnist Alexander Hurst
almost every sphere in which the EU feels inferior to the US boils down to a willingness to spend – or not. The EU is jealous of the US’s big tech firms, but there is no secret sauce here beyond investment. Take space for example, where, again, the US is dominant. How could it be anything other when Nasa’s 2023 budget was $25bn and the European Space Agency’s was €7bn?
This is true.
That said I think the counterintuitive action by the EU governing bodies (contradicting what voters want) might be driven by established European capitalist interests who have sizeable business relationships with the US and whose profits would be hurt if the EU is to retaliate.
This is true.
That said I think the counterintuitive action by the EU governing bodies (contradicting what voters want) might be driven by established European capitalist interests who have sizeable business relationships with the US and whose profits would be hurt if the EU is to retaliate.