THE EUROPEAN UNION is an economic giant. Its 27 member states combine into the world’s second-biggest economy behind America and its third-most-populous internal market, behind India and China. The EU is home to some of the world’s most recognisable brands, from Adidas to Zara, and key industrial firms such as ASML, whose lithography machines are critical in AI chipmaking, and Zeiss, whose lenses are critical to ASML.
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