“When you have two superpowers massively subsidise some sectors, you could decide not to do anything, to respect the rules and the purity of (free-market) doctrine … but nothing much will be left (in Europe) in the end,” Macron said.
He said Europe’s response, via national and EU instruments, should amount to about 2% of its output.
“It’s not by opening our market more that we will get there,” he said, in response to a question about a possible trade deal with the United States.
Source: Economy - investing.com
