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Transatlantic Backlash: Businesses Unite Against EU's Protectionist Measures - Uncede | My Take on the News

Transatlantic Backlash: Businesses Unite Against EU’s Protectionist Measures

1 Min Read

The European Commission’s proposal to favor EU companies bidding for public contracts has been met with criticism from Chinese and American industry groups, who argue it would be discriminatory and hinder the bloc’s decarbonisation efforts.

The groups warn that the proposal, included in the European Commission’s Clean Industrial Deal, risks violating World Trade Organization rules and exacerbating already fraught trade relations between Brussels and Beijing.

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