Suppose $(X,\|\cdot\|_X)$ and $(Y,\|\cdot\|_Y)$ are Banach spaces such that $Y\subset X$, $\|\cdot\|_X\leq \|\cdot\|_Y$.
Suppose further that $X=X_1\oplus X_2$. Then any $y\in Y$ can be written as $y=x_1+x_2$ for $x_1\in X_1$, $x_2\in X_2$.
Is it necessarily the case that $x_1,x_2$ are in $Y$? Phrased alternatively, is it true that $Y=(Y\cap X_1)\oplus (Y\cap X_2)$? I suspect not, but can't seem to find a counterexample. For my purposes, it would be very convenient if it was in fact true.
Note: This seems quite 'bookworky', but rest assured it is not homework!
Take $X=Vect(e_1,e_2)$ and $Y=Vect(e_1+e_2)$.