Europe's response to the shock of Chinese competition remains slow as it tries to strengthen its defenses

Why this matters: an international story with cross-border implications worth tracking.

On July 1, the European Union will impose new taxes on small parcels and raise tariffs on steel imports. This is yet another example of the measures the 27 member states have taken to try to slow down China's relentless advance – efforts that take time, all while China continues to quickly gain mark