Research

When Trade Meets Economic Security

15 October 2026 18:03 RaboResearch

EU-China trade tensions are becoming structurally embedded. China's export-led response to domestic weakness increasingly clashes with Europe's determination to protect strategic industries. Our base case is not a US-China-style trade conflict, but managed escalation: selective retaliation, recurring negotiation and gradual de-risking.

eu europiean union

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Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more