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Home›Global Markets›Trade & Tariffs›Europe struggles to reduce reliance on US and China te…

Europe struggles to reduce reliance on US and China tech supply chains

Reported · Written up by our desk · Trade & Tariffs

Europe is seeking to reduce dependence on American and Chinese technology, including in areas tied to artificial intelligence, but France and Germany are finding the transition difficult.

According to the NYT Business, European countries are weighing where to source key technology instead of relying as heavily on the US and China, reflecting the tradeoffs involved in reshaping supply chains.

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Sources

NYT BusinessEurope Finds It Hard to Break Up With American and Chinese Technology

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