On the 13th local time, the Royal Swedish Academy of Sciences announced that it would award the 2025 Nobel Prize in Economics to economists Joel Mokir, Philip Agion and Peter Howitt in recognition of their interpretation of innovation-driven economic growth theory. It is worth mentioning that after winning the award, French economist Philippe Aguion warned against protectionism, bluntly saying, "I don't welcome the wave of protectionism in the United States".

According to the New York Times, Agion said in a press conference that factors such as protectionism and tariffs are barriers to economic growth. Trade barriers and de-globalization have further fragmented markets and reduced opportunities for exchange of ideas.

According to AFP and the South China Morning Post and other media reports, Agion also issued a severe warning to Europe, saying that the European continent is lagging behind the United States and China in the science and technology competition.

"Europe needs to wake up. Compared with the United States and now China, we are lagging behind technologically." "Since the 1990s, they have been making breakthroughs and developing high-tech innovation, and we are still limited to incremental, mid-tech innovation," Aguion said in an interview broadcast on French TV 2.

Aguion said, "Europe needs to really innovate, otherwise its decline will be inevitable and it will eventually be marginalized." At the same time, he believes that if it can realize its potential, Europe still has the ability to turn the situation around and catch up with the United States and China.