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EU Leaders Discuss Protectionism Amid Economic Competition

2/17/2026

Summary

Story summary

European leaders met in Belgium to address the EU's economic decline amid competition from the United States and China.
French President Emmanuel Macron advocates a protectionist "European preference" plan to protect key industries.
Ireland and other nations fear such measures could deter foreign investment.
The European Commission seeks to deepen trade ties with Mercosur and India.
Proposals for a unified EU company registration process are underway.

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Story summary

European leaders met in Belgium to address the EU's economic decline amid competition from the United States and China.
French President Emmanuel Macron advocates a protectionist "European preference" plan to protect key industries.
Ireland and other nations fear such measures could deter foreign investment.
The European Commission seeks to deepen trade ties with Mercosur and India.
Proposals for a unified EU company registration process are underway.