China does not play by the same rules and includes research into a wider range of industries, beyond traditional ones such as steel, including semiconductors, telecom equipment and renewable energy.

Yeah, the petrochemicals industry is set to be among the next issues.

Europe (and other regions in the Amercas, Africa, and Asia) can’t address this by tariffs alone imho. There is more to do. Not sure whether all political decision makers have understood that, but at least some appear to be heading into the right direction.