Will Europe pivot to Asia on trade?
Europe is considering all its options as President Donald Trump prepares to end the 90-day pause on the massive new tariffs he announced in April. One possible strategy for the EU could be pivoting to Asia as a primary trade partner.
"'Goodbye Trump, hello Asia" is Europe's new trade plan, said Politico. EU President Ursula von der Leyen wants Europe to team up with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) — a 12-country trade group that includes Japan and Australia ...