The United States’ tariffs on steel and aluminum under Section 232 of the Trade Expansion Act of 1962 have evolved into one of the most significant examples of the growing interaction between trade policy, industrial policy and national security. What…
Germany did not win globalisation in general. It won a particular globalisation — one that handsomely rewarded countries willing to run persistent trade surpluses, hold wages down, starve domestic demand, and ride a real exchange rate that competitors locked inside the euro…
A recent Bank of Italy paper, China Shock 2.0: Structural Drivers and Implications for the Euro Area, argues that the post-pandemic surge in Chinese exports marks a new phase of competitive pressure on Europe. This is not simply a replay of…
Europe 2031 is one of the most stimulating contributions to the current debate on artificial intelligence, technological sovereignty, and Europe’s place in a rapidly changing geopolitical order. Written as a fictional scenario rather than a conventional policy report, it succeeds…
A vocabulary used loosely In contemporary legal and political debate, five expressions are made to carry a great deal of weight and are frequently treated as interchangeable: national interest, national security, essential (or fundamental) security interests of the State, public…
Federico Fubini’s article on Donald Trump’s economic interventionism captures a crucial shift in contemporary capitalism. The phrase “a socialist in the White House” is rhetorically effective, but analytically imprecise — and getting the analysis right matters more than the rhetoric.…
What the IAA is After the Net-Zero Industry Act, the Critical Raw Materials Act, and the Chips Act, it would be easy to dismiss the Industrial Accelerator Act (IAA, COM(2026) 100 final) as one more entry in an already crowded…
Critical minerals are no longer a narrow industrial issue. They are a structural component of power — the material foundation of batteries, semiconductors, defence systems, and the energy transition. The Memorandum of Understanding signed on April 24 in Washington by…
According to the paper published in January 2026 by Ambrogio Cesa-Bianchi, Andrea Ferrero, Luca Fornaro, and Martin Wolf, titled Industrial Policies, Global Imbalances and Technological Hegemony, industrial policy is not just about helping domestic firms grow. It can also reshape trade…
