The European Union has introduced export controls on some medical supplies. This was a mistake. It should announce that it is withdrawing the measure, and call on other countries to do the same.
'Whatever it takes' needs to be the motto to preserve lives and reduce the impact on the economy of the epidemic.
At the presentation of her team for the next European Commission, President-elect Ursula von der Leyen declared that hers will be a ‘geopolitical Commission’. It is no surprise, therefore, that her mission letter to Mr Hogan, the incoming Commissioner-designate for Trade, assigns two roles to European Union trade policy.
Ursula von der Leyen plans to introduce a border carbon tax to avoid that cutting EU carbon emissions forces EU companies to move their activities abroad. But will this tax trigger a conflict between climate preservation and the multilateral trading system, or can trade and climate preservation coexist?