Item — HN Reader

A recent analysis of the Trump Tarrifs on the EU concluded that while “some regions and industries could suffer”, for Europe overall the hit may be “limited but not negligible.

The EU is quietly investing massively in diversifying away from the US market. there are trade negotiations or agreements in process (or being advanced) with countries/regions including India, the countries of the Mercosur bloc, Mexico, and Middle-East countries.

1 comments

If that was so easy to do then they would have done it already years ago

European defence spending is going to be much less transatlantic than it would have been were it not for Trump. Some of this is about mindshift. We could have avoided us defence contractor tie in before, but we don’t see the need. Now we do.

The economics have changed, and now it's worth their time.

It's a priority for economic and political reasons. The Trump Tariffs and the US's policies towards Ukraine, and questionable commitment to NATO highlighted the dependencies and exposed the EU is to Trumps corrosive tactics.