European Domestic Trade Contracts as Growth Occurs Outside the EU

The contraction of intra-European trade since 2023 reflects the economic and political complexities faced by the European Union (EU) and its member states. The mentioned economic anemia refers to a period of weak or stagnant economic growth affecting several EU countries. This phenomenon can result from various factors, including low investment, decreased consumption, and political uncertainty. In turn, the 'self-imposed tariffs' suggest protectionist measures that some EU members have adopted, possibly in an attempt to protect their local industries, but which have had the side effect of reducing trade among the bloc's countries. To better understand this phenomenon, it is important to remember that the EU was also established as a single market, allowing the free movement of goods, services, capital, and people among its member states. This single market is one of the EU's most significant achievements and has contributed to the region's...