The revenge of strategic yogurt: How the EU started speaking French when it comes to the economy

Press quote (The Economist)
03 October 2020

Given how dependent the EU is on exports, which are worth about half its GDP compared with 12% in America and 18% in China, the bloc will probably come off worse from any protectionist fight. It is possible that merely developing the tools will ensure the EU never has to use them, argues Sam Lowe from the Centre for European Reform, a think-tank. But if the EU does end up using these tools as a stick, it may turn out to be a boomerang that comes hurtling back at them.