Economy
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EconomyHas Europe given up on free trade? | The Dip Podcast
For decades, Europe prospered in a world shaped by open markets. Governments now use tariffs, sanctions, export controls, subsidies and industrial policy to pursue growth and geopolitical leverage. With economics increasingly tied to security, Europe faces pressure from a more protectionist United States and a more assertive China as it considers whether to stand by free trade or join the global economic race.