Article

The EU aims to capitalize on the US's shift towards reshoring manufacturing and reduced decarbonization by enhancing its services sector and investing in clean technology. The US's protectionist measures threaten its services advantage while the EU can leverage Single Market integration and clean tech investments to boost competitiveness. Key initiatives include Important Projects of Common European Interest (IPCEIs) and the European Competitiveness Fund, which will support strategic investments in clean energy and services.