The U.S. and the European Union are still struggling to agree on specific ways to slow China¡¯s technological rise and limit its coercive trade practices even as both have signed onto the strategic need to ¡°de-risk¡± their relationships with Beijing.
Senior U.S. officials had wanted the EU to agree this week to jointly pursue a new mechanism to screen outbound investments to places like China. Instead, the two sides emerged from a high-level trade meeting in northern Sweden with a joint document that largely avoids mentioning Beijing.
¡°We start from exactly the same approach, which is that none of us are looking for confrontation,¡± U.S. Secretary of State Antony Blinken said at a joint news conference. ¡°None of us are looking for a cold war.¡±

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