The ongoing migration 'crisis' in European countries (2015 to date) has fostered different stances and practices within European nation-states, ranging from xenophobia to solidarity. In this context, two contradictory discourses seem to coexist: the national racist discourse and the humanitarian, antiracist one. This volume brings together studies investigating diverse semiotic strategies through which liquid racism emerges, which consists of ambiguities and contradictory interpretations due to the fact that racist views infiltrate discourse intended as antiracist. The volume includes critical and pragmatic analyses of texts coming from various sources, such as news articles, parliamentary discourse, political cartoons, video clips, advertising campaigns based on personal stories, and jokes. It is an outcome of the research project "TRACE: Tracing Racism in Anti-raCist discoursE: A critical approach to European public speech on the migrant and refugee crisis" (HFRI-FM17-42, HFRI 2019-2022, Hellenic Foundation for Research and Innovation).