Europe and America don’t see eye to eye on economic security: How to avoid fragmentation

Boosting economic security in face of war, geopolitical upheaval, and other global crises has become a paramount priority for both the EU and the US. But a divide over how to best go about it is increasingly visible across the Atlantic. While European leaders still grapple with how to square the circle of staying competitive while boosting resilience and autonomy, American leaders increasingly appear concerned above all with one goal: checking China’s technological rise and economic reach. Allies must try to find common ground on the basic principles of economic security approaches, or risk resentment and fragmentation.

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Egmont Institute | 26.10.2022