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Europe defends its model from the US

Europeans should not start a trade war with the United States in response to Washington’s anti-inflation protection measures, said Margrethe Vestager, executive vice-president of the Brussels Commission in charge of competition. “We can only go to war once” he asked Thursday in Paris, where he was attending the OECD’s Global Competition Forum.

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Russia’s aggression against Ukraine and its consequences for the European Union, a victim of Vladimir Putin’s energy blackmail. “Don’t let the great democracies fight.” So the European official tells himself “confident” about resolving this disagreement through negotiation. He, like others on the Commission, is not banking on a referral to the World Trade Organization (WTO), which would take too long. It is based on a meeting of the Transatlantic Trade and Technology Council…

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Source: Le Figaro

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