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357

EU tells Trump’s America: We have other options (www.politico.eu)

submitted 1 day ago by MicroWave@lemm.ee to c/world@lemmy.world

48 comments fedilink hide all child comments

Summary

European Commission President Ursula von der Leyen outlined the EU’s vision as a global economic leader during the World Economic Forum, contrasting Trump’s "America First" policies.

She highlighted Europe’s advantages, including its large single market, social infrastructure, and commitment to the Paris climate accord, while emphasizing new alliances with Latin America, Africa, and Asia.

Avoiding direct criticism of Trump, von der Leyen underscored the EU’s stability and rules-based approach.

Her speech signaled a pivot away from U.S.-centric relations and a focus on global trade diversification.

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[–] barsoap@lemm.ee 2 points 19 hours ago

Meanwhile, Nestle is currently asking the Commission to please not dilute the supply chain act. Nestle, fucking Nestle, saying that regulations that require companies to enforce human rights standards abroad are good for their business, please keep them, don't listen to the lobbying of smaller companies.

Not everyone is so caught-up in supply-side trickle-down economics as the US. Nestle sees profit in African markets, that's a giant pool of consumer demand, they don't want to be seen as slave holders, they also don't want others to have a competition advantage in markets that don't care as much about slave labour, so they're arguing that those standards they profit from should apply to everyone, everywhere.