This program discussed the current strategy of the European Union regarding trade with China, focusing on import restrictions on Chinese electric vehicles and the issue of Chinese subsidies. Experts noted that Europeans are most concerned about the crisis in the automotive industry, which may result in significant job losses and impact the EU's economic position.
General European market challenges and risks for Ukraine, in the event of an economic downturn in Europe, were also addressed. Ukraine depends on the openness of EU markets for its exports and potential investments. A strong and economically stable Europe was emphasized as being beneficial to Ukraine.
The conversation touched on China's advantages, particularly its control over rare earth metals, and the need for US-EU cooperation in strategic sectors. It was also highlighted that Europe’s consumer-focused policy often leads to its own industry losing out.
Finally, experts underlined long-term uncertainty about Europe’s future actions and their impact on Ukraine, warning of potential political shifts if Europe’s economic challenges deepen.
