ECFR Geoeconomics and Tech
@ecfrgeotech.bsky.social
ECFR’s research in geoeconomics and technology explores the impact of global economic fragmentation, Western strategies to de-risk industries from China, and the future of economic statecraft tools.
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Ride the wave: A big, beautiful European strategy for Trumponomics
The US president is throwing the EU lots of economic curveballs. Brussels should not be distracted by these; instead, it should double down on adopting measures that will benefit the bloc long after…
ecfr.eu
🌊Every surfer knows you need to ride the wave — not fight it.
Eight months in, Europe is still struggling to craft a coherent response to Trumponomics. The way forward: stay calm, stay united, and reform.
Read @agathedemarais.bsky.social's new @ecfr.eu policy brief:
ecfr.eu/publication/...
Eight months in, Europe is still struggling to craft a coherent response to Trumponomics. The way forward: stay calm, stay united, and reform.
Read @agathedemarais.bsky.social's new @ecfr.eu policy brief:
ecfr.eu/publication/...
Reposted by ECFR Geoeconomics and Tech
Despite US tariff turmoil, global activity has proved quite resilient so far this year
• Efforts to make stocks ahead of tariffs, alongside US dollar depreciation, have played a role here
• Weaker greenback typically benefits emerging markets through boost for dollar-borrowers’ balance sheets
• Efforts to make stocks ahead of tariffs, alongside US dollar depreciation, have played a role here
• Weaker greenback typically benefits emerging markets through boost for dollar-borrowers’ balance sheets
November 7, 2025 at 11:01 AM
Despite US tariff turmoil, global activity has proved quite resilient so far this year
• Efforts to make stocks ahead of tariffs, alongside US dollar depreciation, have played a role here
• Weaker greenback typically benefits emerging markets through boost for dollar-borrowers’ balance sheets
• Efforts to make stocks ahead of tariffs, alongside US dollar depreciation, have played a role here
• Weaker greenback typically benefits emerging markets through boost for dollar-borrowers’ balance sheets
Reposted by ECFR Geoeconomics and Tech
¿Pragmatismo o rendición? Tuvo el placer de debatir sobre el impacto de la política económica de Trump en las economías europeas con Joaquín Almunia y Marta Blanco en Madrid - Lea más sobre nuestra conversación en este artículo de @elpais.com 👇 @ecfrmadrid.bsky.social
elpais.com/economia/202...
elpais.com/economia/202...
Almunia: “El acuerdo comercial con Estados Unidos ha sido una derrota sin paliativos de la UE”
El exvicepresidente de la Comisión Europea cree que el pacto ha descubierto las fragilidades políticas del proyecto comunitario, y llama a buscar socios más fiables
elpais.com
October 30, 2025 at 11:09 AM
¿Pragmatismo o rendición? Tuvo el placer de debatir sobre el impacto de la política económica de Trump en las economías europeas con Joaquín Almunia y Marta Blanco en Madrid - Lea más sobre nuestra conversación en este artículo de @elpais.com 👇 @ecfrmadrid.bsky.social
elpais.com/economia/202...
elpais.com/economia/202...
Reposted by ECFR Geoeconomics and Tech
2️⃣🎤 How should the European Union react to the economic pressure of the Trump 2.0 era?
🗣️ @agathedemarais.bsky.social (@ecfrgeotech.bsky.social) | Senior Policy Fellow, @ecfr.eu
🗣️ @agathedemarais.bsky.social (@ecfrgeotech.bsky.social) | Senior Policy Fellow, @ecfr.eu
October 30, 2025 at 2:05 PM
2️⃣🎤 How should the European Union react to the economic pressure of the Trump 2.0 era?
🗣️ @agathedemarais.bsky.social (@ecfrgeotech.bsky.social) | Senior Policy Fellow, @ecfr.eu
🗣️ @agathedemarais.bsky.social (@ecfrgeotech.bsky.social) | Senior Policy Fellow, @ecfr.eu
Reposted by ECFR Geoeconomics and Tech
🎤 Bienvenida:
· León De la Torre, Casa América
· Elena Rodríguez, @exterioresgob.bsky.social
👥 Intervienen:
· Joaquín Almunia, anteriormente en Comisión Europea; Competencia y Asuntos Económicos
· Marta Blanco, CEOE
· @agathedemarais.bsky.social, @ecfrgeotech.bsky.social
Modera: Carla Hobbs, ECFR
· León De la Torre, Casa América
· Elena Rodríguez, @exterioresgob.bsky.social
👥 Intervienen:
· Joaquín Almunia, anteriormente en Comisión Europea; Competencia y Asuntos Económicos
· Marta Blanco, CEOE
· @agathedemarais.bsky.social, @ecfrgeotech.bsky.social
Modera: Carla Hobbs, ECFR
October 26, 2025 at 10:48 AM
🎤 Bienvenida:
· León De la Torre, Casa América
· Elena Rodríguez, @exterioresgob.bsky.social
👥 Intervienen:
· Joaquín Almunia, anteriormente en Comisión Europea; Competencia y Asuntos Económicos
· Marta Blanco, CEOE
· @agathedemarais.bsky.social, @ecfrgeotech.bsky.social
Modera: Carla Hobbs, ECFR
· León De la Torre, Casa América
· Elena Rodríguez, @exterioresgob.bsky.social
👥 Intervienen:
· Joaquín Almunia, anteriormente en Comisión Europea; Competencia y Asuntos Económicos
· Marta Blanco, CEOE
· @agathedemarais.bsky.social, @ecfrgeotech.bsky.social
Modera: Carla Hobbs, ECFR
Reposted by ECFR Geoeconomics and Tech
The Mediterranean Sea is warming at a much faster rate than the global average
• In June sea surface temperature reached 27°C in western Mediterranean, 3.7°C. above average
• Global warming-fuelled atmospheric changes mean there is more energy over Med Sea, fuelling intense storms
• In June sea surface temperature reached 27°C in western Mediterranean, 3.7°C. above average
• Global warming-fuelled atmospheric changes mean there is more energy over Med Sea, fuelling intense storms
October 23, 2025 at 10:03 AM
The Mediterranean Sea is warming at a much faster rate than the global average
• In June sea surface temperature reached 27°C in western Mediterranean, 3.7°C. above average
• Global warming-fuelled atmospheric changes mean there is more energy over Med Sea, fuelling intense storms
• In June sea surface temperature reached 27°C in western Mediterranean, 3.7°C. above average
• Global warming-fuelled atmospheric changes mean there is more energy over Med Sea, fuelling intense storms
Reposted by ECFR Geoeconomics and Tech
To force Beijing to the negotiating table, European policymakers should take a page out of the Beijing playbook and move into offence | @ecfrasia.bsky.social @ecfrgeotech.bsky.social
ecfr.eu/article/esca...
ecfr.eu/article/esca...
Escalate to negotiate: How Europe should respond to Chinese export restrictions
Beijing is turning its rare earth monopoly into a weapon. The EU needs to treat this as the emergency that it is and unleash its anti-coercion shield to bring China to the negotiating table…
ecfr.eu
October 23, 2025 at 10:09 AM
To force Beijing to the negotiating table, European policymakers should take a page out of the Beijing playbook and move into offence | @ecfrasia.bsky.social @ecfrgeotech.bsky.social
ecfr.eu/article/esca...
ecfr.eu/article/esca...
Reposted by ECFR Geoeconomics and Tech
The new government programme should reflect the view, which has increasingly gained ground in the Netherlands, that economic and job security are not for free but come at a European budgetary price, writes Herman Quarles @ecfrpower.bsky.social
https://bit.ly/47fT09U
https://bit.ly/47fT09U
When the chips are down: Nexperia, Europe and the US-China trade and tech war
The case of Nexperia is another reminder Europeans need to speed up the assembly of their own trade and tech tools…
bit.ly
October 22, 2025 at 10:44 AM
The new government programme should reflect the view, which has increasingly gained ground in the Netherlands, that economic and job security are not for free but come at a European budgetary price, writes Herman Quarles @ecfrpower.bsky.social
https://bit.ly/47fT09U
https://bit.ly/47fT09U
Reposted by ECFR Geoeconomics and Tech
Report from @TGehrke_and @jankaoertel calling for the EU to use the anti coercion instrument against China over rare earths
Points to chokepoints Europe could use:
-older DUV machines
-airplane components
-high precision bearings
-powdered superalloys
Points to chokepoints Europe could use:
-older DUV machines
-airplane components
-high precision bearings
-powdered superalloys
Escalate to negotiate: How Europe should respond to Chinese export restrictions
Beijing is turning its rare earth monopoly into a weapon. The EU needs to treat this as the emergency that it is and unleash its anti-coercion shield to bring China to the negotiating table…
ecfr-eu.cdn.ampproject.org
October 21, 2025 at 6:12 PM
Report from @TGehrke_and @jankaoertel calling for the EU to use the anti coercion instrument against China over rare earths
Points to chokepoints Europe could use:
-older DUV machines
-airplane components
-high precision bearings
-powdered superalloys
Points to chokepoints Europe could use:
-older DUV machines
-airplane components
-high precision bearings
-powdered superalloys
Reposted by ECFR Geoeconomics and Tech
Trump's attacks on clean energy will have long-lasting impact on US economy
• New clean energy capacity added through 2030 will be 23% lower than planned
• Trump's attacks on clean energy sector could threaten US rise as superpower for AI and data centres
• New clean energy capacity added through 2030 will be 23% lower than planned
• Trump's attacks on clean energy sector could threaten US rise as superpower for AI and data centres
October 21, 2025 at 10:02 AM
Trump's attacks on clean energy will have long-lasting impact on US economy
• New clean energy capacity added through 2030 will be 23% lower than planned
• Trump's attacks on clean energy sector could threaten US rise as superpower for AI and data centres
• New clean energy capacity added through 2030 will be 23% lower than planned
• Trump's attacks on clean energy sector could threaten US rise as superpower for AI and data centres
Last week the Dutch government invoked the Goods Availability Act to stabilise chipmaker Nexperia and reduce risks of strategic dependence on China. This case should remind Europeans to accelerate the build-up of their own trade & tech tools, says Herman Quarles van Ufford.
ecfr.eu/article/when...
ecfr.eu/article/when...
When the chips are down: Nexperia, Europe and the US-China trade and tech war
The case of Nexperia is another reminder Europeans need to speed up the assembly of their own trade and tech tools…
ecfr.eu
October 21, 2025 at 1:36 PM
Last week the Dutch government invoked the Goods Availability Act to stabilise chipmaker Nexperia and reduce risks of strategic dependence on China. This case should remind Europeans to accelerate the build-up of their own trade & tech tools, says Herman Quarles van Ufford.
ecfr.eu/article/when...
ecfr.eu/article/when...
Beijing is turning its rare earth monopoly into a weapon. The EU needs to treat this as the emergency that it is and unleash its anti-coercion shield to bring China to the negotiating table, write @tobiasgehrke.bsky.social & @jankaoertel.bsky.social @ecfr.eu.
Read more: ecfr.eu/article/esca...
Read more: ecfr.eu/article/esca...
Escalate to negotiate: How Europe should respond to Chinese export restrictions
Beijing is turning its rare earth monopoly into a weapon. The EU needs to treat this as the emergency that it is and unleash its anti-coercion shield to bring China to the negotiating table…
ecfr.eu
October 21, 2025 at 12:30 PM
Beijing is turning its rare earth monopoly into a weapon. The EU needs to treat this as the emergency that it is and unleash its anti-coercion shield to bring China to the negotiating table, write @tobiasgehrke.bsky.social & @jankaoertel.bsky.social @ecfr.eu.
Read more: ecfr.eu/article/esca...
Read more: ecfr.eu/article/esca...
Reposted by ECFR Geoeconomics and Tech
Canadian modesty means that the many sensible policies coming out of Ottawa these days remain unheard of abroad - for @foreignpolicy.com I argue that this is a shame, as Canada is offering a blueprint for rich economies to respond to the Trump and China challenges
Canada Shows How to Neutralize Trump’s Trade Attacks
Ottawa’s latest reforms are a blueprint for Washington’s victims around the world.
foreignpolicy.com
October 20, 2025 at 12:00 PM
Canadian modesty means that the many sensible policies coming out of Ottawa these days remain unheard of abroad - for @foreignpolicy.com I argue that this is a shame, as Canada is offering a blueprint for rich economies to respond to the Trump and China challenges
Reposted by ECFR Geoeconomics and Tech
The Trump administration poses massive challenges to Europe. For the EU, the best response to baffling Trumponomics is to keep calm and carry on. European policymakers should adopt a self-help mindset, writes @agathedemarais.bsky.social @ecfrgeotech.bsky.social
https://bit.ly/4mmwh1o
https://bit.ly/4mmwh1o
Ride the wave: A big, beautiful European strategy for Trumponomics
The US president is throwing the EU lots of economic curveballs. Brussels should not be distracted by these; instead, it should double down on adopting measures that will benefit the bloc long after…
bit.ly
October 17, 2025 at 12:25 PM
The Trump administration poses massive challenges to Europe. For the EU, the best response to baffling Trumponomics is to keep calm and carry on. European policymakers should adopt a self-help mindset, writes @agathedemarais.bsky.social @ecfrgeotech.bsky.social
https://bit.ly/4mmwh1o
https://bit.ly/4mmwh1o
Reposted by ECFR Geoeconomics and Tech
Financing the war is now one of Ukraine's main challenges
• Tax and domestic borrowing cover only core military spending, or about two-thirds of the budget
• Rosiest forecasts leave a US$45bn shortfall next year, with western support covering just US$27bn of that
• Tax and domestic borrowing cover only core military spending, or about two-thirds of the budget
• Rosiest forecasts leave a US$45bn shortfall next year, with western support covering just US$27bn of that
September 30, 2025 at 7:01 AM
Financing the war is now one of Ukraine's main challenges
• Tax and domestic borrowing cover only core military spending, or about two-thirds of the budget
• Rosiest forecasts leave a US$45bn shortfall next year, with western support covering just US$27bn of that
• Tax and domestic borrowing cover only core military spending, or about two-thirds of the budget
• Rosiest forecasts leave a US$45bn shortfall next year, with western support covering just US$27bn of that
Reposted by ECFR Geoeconomics and Tech
L'accord commercial transatlantique de juillet pourrait ne pas être aussi désastreux qu'on le croit - dans cette tribune pour @lemonde.fr j'avance l'idée que l'économie américaine pourrait être la plus grande perdante des guerres commerciales de Trump
Agathe Demarais, économiste : « Les Etats-Unis, plus que l’Europe, seront les grands perdants des guerres commerciales de Trump »
TRIBUNE. Contrairement aux idées reçues, l’accord commercial entre l’UE et les Américains n’est pas si désastreux, analyse, dans une tribune au « Monde », l’économiste Agathe Demarais, qui a publié à…
www.lemonde.fr
September 29, 2025 at 11:00 AM
L'accord commercial transatlantique de juillet pourrait ne pas être aussi désastreux qu'on le croit - dans cette tribune pour @lemonde.fr j'avance l'idée que l'économie américaine pourrait être la plus grande perdante des guerres commerciales de Trump
The United States, not Europe, will be the biggest loser from Trump's trade wars.
Read @ecfr.eu @agathedemarais.bsky.social's op-ed for @lemonde.fr (in French): www.lemonde.fr/idees/articl...
Read @ecfr.eu @agathedemarais.bsky.social's op-ed for @lemonde.fr (in French): www.lemonde.fr/idees/articl...
Agathe Demarais, économiste : « Les Etats-Unis, plus que l’Europe, seront les grands perdants des guerres commerciales de Trump »
TRIBUNE. Contrairement aux idées reçues, l’accord commercial entre l’UE et les Américains n’est pas si désastreux, analyse, dans une tribune au « Monde », l’économiste, qui a publié à la mi-septembre ...
www.lemonde.fr
September 29, 2025 at 10:52 AM
The United States, not Europe, will be the biggest loser from Trump's trade wars.
Read @ecfr.eu @agathedemarais.bsky.social's op-ed for @lemonde.fr (in French): www.lemonde.fr/idees/articl...
Read @ecfr.eu @agathedemarais.bsky.social's op-ed for @lemonde.fr (in French): www.lemonde.fr/idees/articl...
Reposted by ECFR Geoeconomics and Tech
"The step goes against Putin’s pledge not to raise taxes before 2030, but the finance ministry [said] the funds would be used to cover Russia’s spiralling defence expenditure, as well as for support for social spending. The Kremlin's revised plans point to a growing budget deficit"
Russia to raise value added tax rate to 22% as war weighs on economy
Finance ministry says funds will be mainly used to cover the country’s spiralling defence and security spending
on.ft.com
September 25, 2025 at 11:00 AM
"The step goes against Putin’s pledge not to raise taxes before 2030, but the finance ministry [said] the funds would be used to cover Russia’s spiralling defence expenditure, as well as for support for social spending. The Kremlin's revised plans point to a growing budget deficit"
Reposted by ECFR Geoeconomics and Tech
This really is very good
What can we learn from nine months of Trumponomics, what are the next flashpoints for US-EU trade, investment and finance battles and how can the EU turn the Trump storm into an opportunity? I try to answer these questions in my new @ecfr.eu policy brief (with cool charts) 👇
ecfr.eu/publication/...
ecfr.eu/publication/...
Ride the wave: A big, beautiful European strategy for Trumponomics
The US president is throwing the EU lots of economic curveballs. Brussels should not be distracted by these; instead, it should double down on adopting measures that will benefit the bloc long after…
ecfr.eu
September 24, 2025 at 12:03 PM
This really is very good
Reposted by ECFR Geoeconomics and Tech
Just like hippopotamuses, Trump's policies are unpredictable, fast-changing and baffling - in my latest piece for @foreignpolicy.com I argue that to try and manage Trump, EU leaders can channel their inner naturalists and draw five lessons from wild hippo encounters
Europe’s Hippopotamus Strategy for Handling Trump
EU policymakers should channel their inner naturalists as they adapt to Trumponomics.
foreignpolicy.com
September 24, 2025 at 12:20 PM
Just like hippopotamuses, Trump's policies are unpredictable, fast-changing and baffling - in my latest piece for @foreignpolicy.com I argue that to try and manage Trump, EU leaders can channel their inner naturalists and draw five lessons from wild hippo encounters
🦛Hippos may look calm, but their unpredictable and ferocious charges make them the deadliest mammals alive. Trump’s 2nd term feels the same for Europe. @agathedemarais.bsky.social @ecfr.eu explains how the EU can channel its “inner naturalist” to manage it:
foreignpolicy.com/2025/09/24/e...
foreignpolicy.com/2025/09/24/e...
Europe’s Hippopotamus Strategy for Handling Trump
EU policymakers should channel their inner naturalists as they adapt to Trumponomics.
foreignpolicy.com
September 24, 2025 at 12:21 PM
🦛Hippos may look calm, but their unpredictable and ferocious charges make them the deadliest mammals alive. Trump’s 2nd term feels the same for Europe. @agathedemarais.bsky.social @ecfr.eu explains how the EU can channel its “inner naturalist” to manage it:
foreignpolicy.com/2025/09/24/e...
foreignpolicy.com/2025/09/24/e...
🔍How should Europe respond to Trumponomics?
Find @agathedemarais.bsky.social's new @ecfr.eu report in this week's @financialtimes.com Trade Secrets by @alanbeattie.bsky.social: www.ft.com/content/89f7...
Find @agathedemarais.bsky.social's new @ecfr.eu report in this week's @financialtimes.com Trade Secrets by @alanbeattie.bsky.social: www.ft.com/content/89f7...
Traditional US trade lobbies are being left out in the cold
Agriculture and drugmakers aren’t getting much traction, and it’s not even clear how tech will fare
www.ft.com
September 23, 2025 at 9:50 AM
🔍How should Europe respond to Trumponomics?
Find @agathedemarais.bsky.social's new @ecfr.eu report in this week's @financialtimes.com Trade Secrets by @alanbeattie.bsky.social: www.ft.com/content/89f7...
Find @agathedemarais.bsky.social's new @ecfr.eu report in this week's @financialtimes.com Trade Secrets by @alanbeattie.bsky.social: www.ft.com/content/89f7...
Join @globsec.bsky.social and @ecfr.eu @chiara-malaponti.bsky.social this Thursday to discuss the future of EU semiconductor policy.
You can register here: www.linkedin.com/video/event/...
You can register here: www.linkedin.com/video/event/...
September 22, 2025 at 3:58 PM
Join @globsec.bsky.social and @ecfr.eu @chiara-malaponti.bsky.social this Thursday to discuss the future of EU semiconductor policy.
You can register here: www.linkedin.com/video/event/...
You can register here: www.linkedin.com/video/event/...
Reposted by ECFR Geoeconomics and Tech
Excellent memo to reflect the past months of Transatlantic international political economy @agathedemarais.bsky.social : ecfr.eu/publication/...
Ride the wave: A big, beautiful European strategy for Trumponomics
The US president is throwing the EU lots of economic curveballs. Brussels should not be distracted by these; instead, it should double down on adopting measures that will benefit the bloc long after…
ecfr.eu
September 22, 2025 at 11:09 AM
Excellent memo to reflect the past months of Transatlantic international political economy @agathedemarais.bsky.social : ecfr.eu/publication/...
Europe's big, beautiful strategy for Trumponomics should use this turbulent moment to push through controversial economic reforms, such as leveraging access to the EU market for digital services & increasing the global role of the euro.
@agathedemarais.bsky.social @ecfr.eu
ecfr.eu/publication/...
@agathedemarais.bsky.social @ecfr.eu
ecfr.eu/publication/...
Ride the wave: A big, beautiful European strategy for Trumponomics
The US president is throwing the EU lots of economic curveballs. Brussels should not be distracted by these; instead, it should double down on adopting measures that will benefit the bloc long after…
ecfr.eu
September 22, 2025 at 9:52 AM
Europe's big, beautiful strategy for Trumponomics should use this turbulent moment to push through controversial economic reforms, such as leveraging access to the EU market for digital services & increasing the global role of the euro.
@agathedemarais.bsky.social @ecfr.eu
ecfr.eu/publication/...
@agathedemarais.bsky.social @ecfr.eu
ecfr.eu/publication/...
Reposted by ECFR Geoeconomics and Tech
Get yourself a cup of tea (ok, coffee then) and treat yourself to a bit of clarity, the equivalent of a long gentle exhalation.
What can we learn from nine months of Trumponomics, what are the next flashpoints for US-EU trade, investment and finance battles and how can the EU turn the Trump storm into an opportunity? I try to answer these questions in my new @ecfr.eu policy brief (with cool charts) 👇
ecfr.eu/publication/...
ecfr.eu/publication/...
Ride the wave: A big, beautiful European strategy for Trumponomics
The US president is throwing the EU lots of economic curveballs. Brussels should not be distracted by these; instead, it should double down on adopting measures that will benefit the bloc long after…
ecfr.eu
September 19, 2025 at 7:28 PM
Get yourself a cup of tea (ok, coffee then) and treat yourself to a bit of clarity, the equivalent of a long gentle exhalation.