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Comment by geogra4 | Hacker News Reader

Does that change with the China eu trade deal?

I don't think the US will allow that. They probably have enough leverage.

I think they squandered that recently. We will see with Biden but the Trump administration basically encouraged Brexit and repeatedly adopted anti- EU positions in key geopolitical issues (Syria, NATO, Iran, Israel, and Ukraine). These things come with a cost and the EU will try to rectify this. Enhancing Chinas CPU tech by a few generations might be worth it if it can advance EU interests and ensure future good-faith from a supposed ally.

Enhancing China’s CPU tech even a single generation is in the EU’s interest in exactly 0 alternate universes, along with this one.

As long as the US has the world’s only reserve currency and as long as the EU economy - especially the productive bit in the North - is built on exporting to the all-powerful US consumer, the EU has very little leverage in its affairs with the US.

> the EU has very little leverage in its affairs with the US.

The final word has not been spoken. Construction of Nord Stream 2 has recently been restarted despite the US threatening with sanctions.

This thinking is how you end an empire

It's not their decision. The ASML scanners rely on many critical US-origin technologies and the US can block shipment unilaterally.

And in every case the US was right and the EU was wrong.

Only a fool would tie themselves to China as things stand right now.

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