The competition between the world's two major powers structures all international relations and influences the choices made by all the other countries,' observes Philippe Etienne. Against this backdrop, Europe finds itself in a delicate situation: must it choose between equidistance and following? For Europe, there is obviously no equidistance possible between the two giants, for reasons relating to its security, but above all to its values. In this triangle between the United States, China and the European Union, Europeans must position themselves to defend their place in strategic value chains. In the final analysis, it is up to us not to allow others to dictate our future.