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EU to break ranks with US on Russia and China trade – Bloomberg ...News
The bloc is reportedly unwilling to pursue the hawkish stance on trade with Beijing and Moscow being promoted by Washington The European Union does not intend to condemn Russia and China for "economic coercion" in its joint trade strategy with the US, Bloomberg reported on Tuesday citing a draft document. According to the outlet, the US has been advocating a more confrontational stance on China, while members of the EU have been reluctant to adopt a hawkish approach despite embracing the concept of "de-risking" regarding outbound investment, which is endorsed by both Washington and Brussels. The EU reportedly seek
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