In the trade war between the United States and China, a playing card for Europe



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At the Economic Meeting in Aix-en-Provence, the Managing Director of the International Monetary Fund (IMF) explained that Europe had the opportunity to play a strategic role in the trade war that is taking place following the protectionist closure driven by the Trump administration. "In the balance of power between the United States on the one hand and China on the other, which represent two completely different forms of the same capitalist impulse, Europe can play a card while quite special, "said Christine Lagarde.

This map, Europe must play it "united", because the balance of power is created with in the middle "someone, Europe, without which one or the other of the two powers has not enough leverage on the other. " In fact, the balance of power is in the hands of the old continent: "Europe is strategic for one as for the other", especially in the field of economy and trade, she believes . When united, Europeans have a "real voice".

The European Union must be "an actor of its destiny at the same time as a source of inspiration for many other countries of the world," says Christine Lagarde. It welcomes the EU's participation in a summit to be held in Beijing on 16 and 17 July. China and Europe have shown the intention to defend multilateralism, it is perhaps the beginning of the creation of an axis between Brussels and Beijing against Washington.

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