EU Faces Economic Threats as Commissioner Warns of Lag Behind US and China

In a stark warning from the European Union’s economic commissioner, Paolo Gentiloni, it was revealed that the EU risks falling further behind the economic powerhouses of the United States and China. During a recent press conference, Gentiloni emphasized that Europe's current challenges—ranging from energy security to rising inflation—are hindering its competitiveness on the global stage.

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EU Tariffs on Chinese Electric Vehicles: Not Protectionism, Says Gentiloni

In a recent statement, European Economy Commissioner Paolo Gentiloni asserted that the European Union's proposed tariffs on Chinese electric vehicles (EVs) should not be misconstrued as an act of protectionism. This declaration came amidst growing tension between the EU and China over trade practices that some European leaders perceive as unfair competition.

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