Citi said that in the face of rising US trade protectionism, the policy countermeasures introduced by Europe have advanced to a higher degree than market perception, and the European stock market has yet to fully reflect this benefit. A team of analysts led by Sebastian Sattz wrote that in addition to procurement preferences, local content requirements, and anti-risk protection measures, the strategic industry sector is likely to introduce stronger trade protection tools. The relevant policies are expected to benefit the steel, chemical, industrial manufacturing, and automotive sectors; a wider investment cycle may benefit defense, utilities, and strategic technology companies. The report cites targets with favorable protection policies: ArcelorMittal, Volkswagen, Renault, Lanxess, and BASF. Strategic anti-risk investments will drive Leonardo, Rheinmetall, Thales, Vestas, Schneider Electric, Portugal Power, Ostend, Total Energy, Asmack, Bass Electronics, and ASM International.

Citi said that in the face of rising US trade protectionism, the policy countermeasures introduced by Europe have advanced to a higher degree than market perception, and the European stock market has yet to fully reflect this benefit. A team of analysts led by Sebastian Sattz wrote that in addition to procurement preferences, local content requirements, and anti-risk protection measures, the strategic industry sector is likely to introduce stronger trade protection tools. The relevant policies are expected to benefit the steel, chemical, industrial manufacturing, and automotive sectors; a wider investment cycle may benefit defense, utilities, and strategic technology companies. The report cites targets with favorable protection policies: ArcelorMittal, Volkswagen, Renault, Lanxess, and BASF. Strategic anti-risk investments will drive Leonardo, Rheinmetall, Thales, Vestas, Schneider Electric, Portugal Power, Ostend, Total Energy, Asmack, Bass Electronics, and ASM International.