EU trade: Strategic linkages and rare earths – Rabobank

FXStreet Insights Team FXStreet

RaboResearch Global Economics & Markets highlights how the European Union is reshaping trade policy, including linking market access for Thai canned tuna to EU-caught fish and forging a new partnership with Canada on firefighting and critical minerals. The report raises questions over where these minerals will be processed, the design of subsidies and tariffs, and the need for downstream protection against cheaper Chinese imports.

EU shifts trade and minerals strategy

"For now, Canada is settling for a new partnership with the EU over firefighting, which seems appropriate, and critical minerals."

"Where will those minerals be (filthily) processed, what will the common subsidy and external tariff be to ensure they remain competitive vs. China’s cheaper imports?"

"The EU is also now playing the trade game differently: it’s reported Brussels is linking greater EU market access for Thai canned tuna to the fish being caught by EU, not Thai, fleets."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)

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