Mark Leonard is the director and co-founder of the European Council on Foreign
Relations (ECFR) and author of “Surviving Chaos: Geopolitics when the Rules
Fail” (Polity Press April 2026).
The international liberal order is ending. In fact, it may already be dead.
White House Deputy Chief of Staff Stephen Miller said as much last week as he
gloated over the U.S. intervention in Venezuela and the capture of dictator
Nicolás Maduro: “We live in a world … that is governed by strength, that is
governed by force, that is governed by power … These are the iron laws of the
world.”
But America’s 47th president is equally responsible for another death — that of
the united West.
And while Europe’s leaders have fallen over themselves to sugarcoat U.S.
President Donald Trump’s illegal military operation in Venezuela and ignore his
brazen demands on Greenland, Europeans themselves have already realized
Washington is more foe than friend.
This is one of the key findings of a poll conducted in November 2025 by my
colleagues at the European Council on Foreign Relations and Oxford University’s
Europe in a Changing World research project, based on interviews with 26,000
individuals in 21 countries. Only one in six respondents considered the U.S. to
be an ally, while a sobering one in five viewed it as a rival or adversary. In
Germany, France and Spain that number approaches 30 percent, and in Switzerland
— which Trump singled out for higher tariffs — it’s as high as 39 percent.
This decline in support for the U.S. has been precipitous across the continent.
But as power shifts around the globe, perceptions of Europe have also started to
change.
With Trump pursuing an America First foreign policy, which often leaves Europe
out in the cold, other countries are now viewing the EU as a sovereign
geopolitical actor in its own right. This shift has been most dramatic in
Russia, where voters have grown less hostile toward the U.S. Two years ago, 64
percent of Russians viewed the U.S. as an adversary, whereas today that number
sits at 37 percent. Instead, they have turned their ire toward Europe, which 72
percent now consider either an advisory or a rival — up from 69 percent a year
ago.
Meanwhile, Washington’s policy shift toward Russia has also meant a shift in its
Ukraine policy. And as a result, Ukrainians, who once saw the U.S. as their
greatest ally, are now looking to Europe for protection. They’re distinguishing
between U.S. and European policy, and nearly two-thirds expect their country’s
relations with the EU to get stronger, while only one-third say the same about
the U.S.
Even beyond Europe, however, the single biggest long-term impact of Trump’s
first year in office is how he has driven people away from the U.S. and closer
to China, with Beijing’s influence expected to grow across the board. From South
Africa and Brazil to Turkey, majorities expect their country’s relationship with
China to deepen over the next five years. And in these countries, more
respondents see Beijing as an ally than Washington.
More specifically, in South Africa and India — two countries that have found
themselves in Trump’s crosshairs recently — the change from a year ago is
remarkable. At the end of 2024, a whopping 84 percent of Indians considered
Trump’s victory to be a good thing for their country; now only 53 percent do.
Of course, this poll was conducted before Trump’s intervention in Venezuela and
before his remarks about taking over Greenland. But with even the closest of
allies now worried about falling victim to a predatory U.S., these trends — of
countries pulling away from the U.S. and toward China, and a Europe isolated
from its transatlantic partner — are likely to accelerate.
Meanwhile, Washington’s policy shift toward Russia has also meant a shift in its
Ukraine policy. And as a result, Ukrainians, who once saw the U.S. as their
greatest ally, are now looking to Europe for protection. | Joe Raedle/Getty
Images
All the while, confronted with Trumpian aggression but constrained by their own
lack of agency, European leaders are stuck dealing with an Atlantic-sized chasm
between their private reactions and what they allow themselves to say in public.
The good news from our poll is that despite the reticence of their leaders,
Europeans are both aware of the state of the world and in favor of a lot of what
needs to be done to improve the continent’s position. As we have seen, they
harbor no illusions about the U.S. under Trump. They realize they’re living in
an increasingly dangerous, multipolar world. And majorities support boosting
defense spending, reintroducing mandatory conscription, and even entertaining
the prospect of a European nuclear deterrent.
The rules-based order is giving way to a world of spheres of influence, where
might makes right and the West is split from within. In such a world, you are
either a pole with your own sphere of influence or a bystander in someone
else’s. European leaders should heed their voters and ensure the continent
belongs in the first category — not the second.
Tag - Asia
Ivo Daalder, a former U.S. ambassador to NATO, is a senior fellow at Harvard
University’s Belfer Center and host of the weekly podcast “World Review with Ivo
Daalder.” He writes POLITICO’s From Across the Pond column
In justifying his military operation against Venezuela, U.S. President Donald
Trump reached back in time over two centuries and grabbed hold of the Monroe
Doctrine. But it’s another 19th-century interest that propelled his
extraordinary gambit in the first place — oil.
According to the New York Times, what started as an effort to press the
Venezuelan regime to cede power and end the flow of drugs and immigrants into
the U.S., began shifting into a determination to seize the country’s oil last
fall. And the president was the driving force behind this shift.
That’s hardly surprising though — Trump has been obsessed with oil for decades,
even as most of the world is actively trying to leave it behind.
As far back as the 1980s, Trump was complaining about the U.S. protecting Japan,
Saudi Arabia and others to secure the free flow of oil. “The world is laughing
at America’s politicians as we protect ships we don’t own, carrying oil we don’t
need, destined for allies who won’t help,” he wrote in a 1987 newspaper ad.
Having supported the Iraq War from the outset, he later complained that the U.S.
hadn’t sufficiently benefited from it. “I would take the oil,” he told the Wall
Street Journal in 2011. “I would not leave Iraq and let Iran take the oil.” That
same year, he also dismissed humanitarian concerns in Libya, saying: “I am only
interested in Libya if we take the oil.”
In justifying his military operation against Venezuela, U.S. President Donald
Trump reached back in time over two centuries and grabbed hold of the Monroe
Doctrine. | Henry Chirinos/EPA
Unsurprisingly, “take the oil” later became the mantra for Trump’s first
presidential campaign — and for his first term in office. Complaining that the
U.S. got “nothing” for all the money it spent invading Iraq: “It used to be, ‘To
the victor belong the spoils’ … I always said, ‘Take the oil,’” he griped during
a Commander in Chief Forum in 2016.
As president, he also insisted on keeping U.S. forces in Syria for that very
reason in 2019. “I like oil,” he said, “we’re keeping the oil.”
But while Iraq, Libya and even Syria were all conflicts initiated by Trump’s
predecessors, Venezuela is quite another matter.
Weeks before seizing Venezuelan President Nicolás Maduro, Trump made clear what
needed to happen: On Dec. 16, 2025, he announced an oil blockade of the country
“until such time as they return to the United States of America all of the Oil,
Land, and other Assets that they previously stole from us.”
Then, after capturing Maduro, Trump declared the U.S. would “run the country” in
order to get its oil. “We’re in the oil business,” he stated. “We’re going to
have our very large United States oil companies … go in, spend billions of
dollars, fix the badly broken infrastructure, and start making money.”
“We’re going to be taking out a tremendous amount of wealth out of the ground,”
Trump insisted. “It goes also to the United States of America in the form of
reimbursement for the damages caused us by that country.”
On Wednesday, Energy Secretary Chris Wright announced that Venezuela would ship
its oil to the U.S. “and then infinitely, going forward, we will sell the
production that comes out of Venezuela into the marketplace,” effectively
declaring the expropriation of Venezuela’s most important national resources.
All of this reeks of 19th-century imperialism. But the problem with Trump’s oil
obsession goes deeper than his urge to steal it from others — by force if
necessary. He is fixated on a depleting resource of steadily declining
importance.
And yet, this doesn’t seem to matter.
Throughout his reelection campaign, Trump still emphasized the need to produce
more oil. “Drill, baby, drill” became as central to his energy policy as “take
the oil” was to his views on military intervention. He called on oil executives
to raise $1 billion for his campaign, promising his administration would be “a
great deal” for their industry. And he talked incessantly of the large
reservoirs of “liquid gold” in the U.S., claiming: “We’re going to make a
fortune.”
But these weren’t just campaign promises. Upon his return to office, Trump
unleashed the full force of the U.S. government to boost oil production at home
and exports abroad. He established a National Energy Dominance Council, opened
protected lands in Alaska and the Arctic National Wildlife Refuge for oil and
gas exploration, signed a mandate for immediate offshore oil and gas leases into
law, and accelerated permitting reforms to speed up pipeline construction,
refinery expansion and liquid natural gas exports.
At the same time, he’s been castigating efforts to cut greenhouse gas emissions
as part of a climate change “hoax,” he withdrew the U.S. from the Paris Climate
Agreement once again, and he took a series of steps to end the long-term
transition from fossil fuels to renewable energy. He signed a law ending credits
and subsidies to encourage residential solar and electric vehicle purchases,
invoked national security to halt offshore wind production and terminated grants
encouraging renewable energy production.
Then, after capturing Nicolás Maduro, Trump declared the U.S. would “run the
country” in order to get its oil. | Henry Chirinos/EPA
The problem with all these efforts is that the U.S. is now banking on fossil
fuels, precisely as their global future is waning. Today, oil production is
already outpacing consumption, and global demand is expected to peak later this
decade. Over the last 12 months, the cost of oil has decreased by over 23
percent, pricing further exploration and production increasingly out of the
market.
Meanwhile, renewable energy is becoming vastly more cost-effective. The future,
increasingly, lies in renewables to drive our cars; heat, cool and light up our
homes; power our data centers, advanced manufacturing factories and everything
else that sustains our lives on Earth.
By harnessing the power of the sun, the force of wind and the heat of the Earth,
China is building its future on inexhaustible resources. And while Beijing is
leading the way, many others are following in its footsteps. All this, just as
the U.S. goes back to relying on an exhaustive fossil fuel supply.
What Trump is betting on is becoming the world’s largest — and last —
petrostate. China is betting on becoming its largest and lasting electrostate.
Which side would you rather be on?
The message from Capitol Hill on both sides of the aisle is clear: Get ready for
U.S. relations with China to spiral all over again in the new year.
The one-year trade truce brokered in October between President Donald Trump and
Chinese leader Xi Jinping is already looking shaky. And lawmakers are preparing
to reup clashes over trade, Taiwan and cyber-intrusions when they return in
January.
“It’s like a heavyweight fight, and we’re in that short time period in-between
rounds, but both sides need to be preparing for what is next after the truce,”
Rep. Greg Stanton (D-Ariz.), a member of the House Select Committee on China,
said in an interview.
POLITICO talked to more than 25 lawmakers, including those on the House Select
Committee on China, the House Foreign Affairs Committee’s East Asia subcommittee
and the Congressional Executive Commission on China, for their views on the
durability of the trade treaty. Both Republicans and Democrats warned of
turbulence ahead.
More than 20 of the lawmakers said they doubt Xi will deliver on key pledges the
White House said he made in October, including reducing the flow of precursor
chemicals to Mexico that cartels process into fentanyl and buying agreed volumes
of U.S. agricultural goods.
“China can never be trusted. They’re always looking for an angle,” Sen. Thom
Tillis (R-N.C.) said.
That pessimism comes despite an easing in U.S.-China tensions since the Trump-Xi
meeting in South Korea. The bruising cycle of tit-for-tat tariffs that briefly
hit triple digits earlier this year is currently on pause. Both countries have
relaxed export restrictions on essential items (rare earths for the U.S., chip
design software for China), while Beijing has committed to “expanding
agricultural product trade” in an apparent reference to the suspension of
imports of U.S. agricultural products it imposed earlier this year.
This trend may continue, given that Trump is likely to want stability in the
U.S.-China relationship ahead of a summit with Xi planned for April in Beijing.
“We’re starting to see some movement now on some of their tariff issues and the
fentanyl precursor issue,” Sen. Steve Daines (R-Mont.) said.
But a series of issues have been brushed aside in negotiations or left in limbo
— a status quo the Trump administration can only maintain for so long. The
U.S.-China trade deal on rare earths that Bessent said the two countries would
finalize by Thanksgiving remains unsettled. And the White House hasn’t
confirmed reporting from earlier this month that Beijing-based ByteDance has
finalized the sale of the TikTok social media app ahead of the Jan. 23 deadline
for that agreement.
“The idea that we’re in a period of stability with Beijing is simply not
accurate,” said Sen. Jeanne Shaheen (D-N.H.), ranking member of the Senate
Foreign Relations Committee.
Shaheen has been sounding the alarm on China’s national security threats since
she entered the Senate in 2009. But even some lawmakers who have been more open
to engagement with Beijing — such as California Democratic Reps. Ro
Khanna and Ami Bera — said that they don’t expect the armistice to last.
The White House is more upbeat about the prospects for U.S.-China trade ties.
“President Trump’s close relationship with President Xi is helping ensure that
both countries are able to continue building on progress and continue resolving
outstanding issues,” the White House said in a statement, adding that the
administration “continues to monitor China’s compliance with our trade
agreement.” It declined to comment on the TikTok deal.
Still, the lawmakers POLITICO spoke with described four issues that could derail
U.S.-China ties in the New Year:
A SOYBEAN SPOILER
U.S. soybean farmers’ reliance on the Chinese market gives Beijing a powerful
non-tariff trade weapon — and China doesn’t appear to be following through on
promises to renew purchases.
The standoff over soybeans started in May, when China halted those purchases,
raising the prospect of financial ruin across farming states including Illinois,
Iowa, Minnesota, Nebraska and Indiana — key political constituencies for the GOP
in the congressional midterm elections next year.
The White House said last month that Xi committed to buying 12 million metric
tons of U.S. soybeans in November and December. But so far, Beijing has only
purchased a fraction of that agreed total, NBC reported this month.
“What agitates Trump and causes him to react quickly are things that are more
domestic and closer to home,” Rep. Jill Tokuda (D-Hawaii) said. China’s
foot-dragging on soybean purchases “is the most triggering because it’s hurting
American farmers and consumers, so that’s where we could see the most volatility
in the relationship,” she said.
That trigger could come on Feb. 28 — the new deadline for that 12 million metric
ton purchase, which Treasury Secretary Scott Bessent announced earlier this
month.
The Chinese embassy in Washington declined to comment on whether Beijing plans
to meet this deadline.
The White House said one of the aspects of the trade deal it is monitoring is
soybean purchases through this growing season.
THE TAIWAN TINDERBOX
Beijing’s threats to invade Taiwan are another near-term potential flashpoint,
even though the U.S. hasn’t prioritized the issue in its national security
strategy or talks between Xi and Trump.
China has increased its preparations for a Taiwan invasion this year. In
October, the Chinese military debuted a new military barge system that addresses
some of the challenges of landing on the island’s beaches by deploying a bridge
for cargo ships to unload tanks or trucks directly onto the shore.
“China is tightening the noose around the island,” said Rep. Ro Khanna
(D-Calif.), who joined a bipartisan congressional delegation to China in
September and returned calling for better communications between the U.S. and
Chinese militaries.
Some of the tension around Taiwan is playing out in the wider region, as Beijing
pushes to expand its military reach and its influence. Chinese fighter jets
locked radar — a prelude to opening fire — on Japanese aircraft earlier this
month in the East China Sea.
“There is a real chance that Xi overplays his hand on antagonizing our allies,
particularly Australia and Japan,” Rep. Seth Moulton (D-Mass.) said. “There is
still a line [China] cannot cross without making this truce impossible to
sustain.”
The U.S. has a decades-long policy of “strategic ambiguity” under which it
refuses to spell out how the U.S. would respond to Chinese aggression against
Taiwan. Trump has also adhered to that policy. “You’ll find out if it happens,”
Trump said in an interview with 60 Minutes in November.
MORE EXPORT RESTRICTIONS ON THE WAY
Beijing has eased its export restrictions on rare earths — metallic elements
essential to both civilian and military applications — but could reimpose those
blocks at any time.
Ten of the 25 lawmakers who spoke to POLITICO said they suspect Beijing will
reimpose those export curbs as a convenient pressure point in the coming months.
“At the center of the crack in the truce is China’s ability to levy export
restrictions, especially its chokehold on the global supply of rare earths and
other critical minerals,” Rep. André Carson (D-Ind.) said.
Others are worried China will choose to expand its export controls to another
product category for which it has market dominance — pharmaceuticals. Beijing
supplies 80 percent of the U.S. supply of active pharmaceutical ingredients —
the foundations of common drugs to treat everything from high blood pressure to
type 2 diabetes.
“Overnight, China could turn off the spigot and many basic pharmaceuticals,
including things like aspirin, go away from the supply chain in the United
States,” Rep. Nathaniel Moran (R-Texas) said.
China restarted exports of rare earths earlier this month, and its Commerce
Ministry pledged “timely approval” of such exports under a new licensing
system, state media reported. Beijing has not indicated its intent to restrict
the export of pharmaceuticals or their components as a trade weapon. But the
U.S.-China Economic and Security Review Commission urged the Food and Drug
Administration to reduce U.S. reliance on Chinese sources of pharmaceuticals in
its annual report last month.
The Chinese embassy in Washington didn’t respond to a request for comment.
GROWING CHINESE MILITARY MUSCLE
China’s drive to develop a world-class military that can challenge traditional
U.S. dominion of the Indo-Pacific could also derail relations between Washington
and Beijing in 2026.
China’s expanding navy — which, at more than 200 warships, is now the world’s
largest — is helping Beijing show off its power across the region.
The centerpiece of that effort in 2025 has been the addition of a third aircraft
carrier, the Fujian, which entered into service last month. The Fujian is
two-thirds the size of the USS Gerald R. Ford carrier. But like the Ford, it
boasts state-of-the-art electromagnetic catapults to launch J-35 and J-15T
fighter jets.
The Trump administration sees that as a threat.
The U.S. aims to insulate allies and partners in the Indo-Pacific from possible
Chinese “sustained successful military aggression” powered by Beijing’s
“historic military buildup,” Defense Secretary Pete Hegseth said earlier this
month at the Reagan National Defense Forum.
Five lawmakers said they see China’s increasingly aggressive regional military
footprint as incompatible with U.S. efforts to maintain a stable relationship
with Beijing in the months ahead.
“We know the long-term goal of China is really economic and diplomatic and
military domination around the world, and they see the United States as an
adversary,” Moran said.
Daniel Desrochers contributed to this report.
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Donald Trump started his second term by calling the European Union an “atrocity”
on trade. He said it was created to “screw” Americans.
As he imposed the highest tariffs in a century, he derided Europe as “pathetic.”
And to round off the year, he slammed the continent as “weak” and “decaying.”
In the midst of all this, Ursula von der Leyen, the EU’s top official, somehow
summoned the composure to fly to Trump’s Scottish golf resort to smile and shake
hands on a one-sided trade deal that will inflict untold pain on European
exporters. She even managed a thumbs up in the family photo with Trump
afterwards.
Yes, it’s been one hell of a year for the world’s biggest trading relationship.
The economic consequences will take years to materialize — but the short-term
impact is manifest: in forcing Europe to face up to its overreliance on the U.S.
security umbrella and find new friends to trade with.
With a warning that the following might trigger flashbacks, we take you through
POLITICO’s coverage of Europe’s traumatic trade year at the hands of Trump:
JANUARY
As Trump returns to the White House, we explore how America’s trading partners
are wargaming his trade threats. The big idea? Escalate to de-escalate. It’s a
playbook we later saw unfold in Trump’s clashes with China and Canada. But, in
the event, the EU never dares to escalate.
Trump’s return does galvanize the EU into advancing trade deals with other
partners — like Mexico or Latin America’s Mercosur bloc. “Europe will keep
seeking cooperation — not only with our long-time like-minded friends, but with
any country we share interests with,” von der Leyen tells the World Economic
Forum the day after Trump is sworn in.
FEBRUARY
As Trump announces that he will reimpose steel and aluminum tariffs, von der
Leyen vows a “firm and proportionate response.” The bloc has strengthened its
trade defenses since his first term, and needs to be ready to activate them,
advises former top Commission trade official Jean-Luc Demarty: “Especially with
a personality like Trump, if we don’t react, he’ll trample us.”
That begs the question as to whether trade wars are as easy to win, as Trump
likes to say. The short answer is, of course, “no.” Trade Commissioner Maroš
Šefčovič, meanwhile, packs a suitcase full of concessions on his first mission
to Washington.
At the end of the month, Brussels threatens to use its trade “bazooka” — a
trade-defense weapon called the Anti-Coercion Instrument — after Trump says the
European Union was created to “screw” America.
MARCH
We called it early with this cover story by Nicholas Vinocur and Camille Gijs:
Trump wants to destroy the EU — and rebuild it in his image.
As Trump’s steel tariffs enter force, Brussels announces retaliatory measures
that far exceed those it imposed in his first term. And, as he builds up to his
“Liberation Day” tariff announcement, the EU signals retaliation extending
beyond goods to services such as tech and banking. (None of these are
implemented.)
APRIL
“They rip us off. It’s so sad to see. It’s so pathetic,” Trump taunts the EU as
he throws it into the sin bin along with China, Japan, Taiwan and Korea. In his
Liberation Day announcement in the White House Rose Garden, Trump whacks the EU
with a 20 percent “reciprocal” tariff.
Von der Leyen’s response the next morning is weak: She says only that the EU is
“prepared to respond.” That’s because, even though the EU has strengthened its
trade armory, its 27 member countries can’t agree to deploy it.
The bloc nonetheless busies itself with drawing up a retaliation list of goods
made in states run by Trump’s Republican allies — including trucks, cigarettes
and ice cream.
MAY
The EU’s hit list gets longer in response to Trump’s Liberation Day tariffs
— with planes and automobiles targeted in a €100 billion counterstrike that
looks scary on paper but is never acted on.
We report exclusively that Brussels is ramping up contacts with a Pacific trade
group called the CPTPP. And we assess the chances of Trump pressuring the EU
into a big, beautiful trade deal by threatening to raise duties on European
exports to 50 percent. The verdict? Dream on!
JUNE
The setting shifts to the Canadian Rockies — where a G7 summit takes on a G6 vs.
Trump dynamic as other leaders seek ways to cooperate with him on Russia and
China even as he pummels them with tariffs. Von der Leyen tries her best,
turning hawkish on China in a bid to find common ground.
Back in Brussels, at a European leaders’ summit, von der Leyen announces her
pivot to Asia — floating the idea of a world trade club without the U.S.
JULY
As the clock counts down to Trump’s July 9 deal deadline, the lack of unity
among the EU’s 27 member countries undermines its credibility as a negotiating
partner to be reckoned with. There’s still hope that the EU can lock in a 10
percent tariff, but should it take the deal or leave it?
The deadline slips and, as talks drag on, it looks more likely that the EU will
end up with a 15 percent baseline tariff — far higher than Europe had feared at
the start of Trump’s term. Brussels is still talking about retaliation but …
yeah … you already know that won’t happen.
With Trump in Scotland for a golfing weekend, von der Leyen jets in to shake
hands on a historic, but one-sided trade deal at his Turnberry resort. Koen
Verhelst also flies in to get the big story. “It was heavy lifting we had to
do,” von der Leyen said, stressing that the 15 percent tariff would be a
ceiling.
AUGUST
Despite the thumbs-up in Turnberry, recriminations soon fly that the EU has
accepted a bad deal. EU leaders defend it as the best they could get, given
Europe’s reliance on the U.S. to guarantee its security. The two sides come out
with a joint statement spelling out the terms — POLITICO breaks it down.
Not only does the EU come off worse in the Turnberry deal, but it also
sacrifices its long-term commitment to rules-based trade in return for Trump’s
uncertain support for Ukraine. The realization slowly dawns that Europe’s
humiliation could be profound and long-lasting.
With the ink barely dry on the accord, Trump takes aim at digital taxes and
regulation that he views as discriminatory. It’s a blast that is clearly aimed
at Brussels.
SEPTEMBER
The torrent of trade news slows — allowing Antonia Zimmermann to travel to
Ireland’s “Viagra Village” to report how Trump’s drive to reshore drug
production threatens Europe’s top pharmaceuticals exporter.
OCTOBER
EU leaders resist Trump’s pressure to tear up the bloc’s business rules, instead
trying to present a red tape-cutting drive pushed by von der Leyen as a
self-generated reform that has the fringe benefit of addressing U.S.
concerns.
NOVEMBER
Attention shifts to Washington as the U.S. Supreme Court hears challenges to
Trump’s sweeping tariffs. The justices are skeptical of his invocation of
emergency powers to justify them. Even Trump appointees on the bench subject his
lawyer to tough questioning.
A row flares on the first visit to Brussels by U.S. Commerce Secretary Howard
Lutnick and Trade Representative Jamieson Greer. Lutnick presses for concessions
on EU digital regulation in exchange for possible tariff relief on steel.
“Blackmail,” is the counterblast from Teresa Ribera, the EU’s top competition
regulator.
DECEMBER
The year ends as it started, with another Trump broadside against Europe and its
leaders.
“I think they’re weak,” he tells POLITICO. “They don’t know what to do on trade,
either.”
Jamie Dettmer is opinion editor and a foreign affairs columnist at POLITICO
Europe.
“It must be a policy of the United States to support free peoples who are
resisting attempted subjugation by armed minorities or by outside pressure,”
said former U.S. President Harry Truman during a speech to Congress in 1947. The
Truman Doctrine, as this approach became known, saw the defense of democracy
abroad as of vital interest to the U.S. — but that’s not a view shared by
President Donald Trump and his acolytes.
If anyone had any doubts about this — or harbored any lingering hopes that Vice
President JD Vance was speaking out of turn when he launched a blistering attack
on Europe at the Munich Security Conference earlier this this year — then
Washington’s new National Security Strategy (NSS) should settle the matter.
All U.S. presidents release such a strategy early in their terms to outline
their foreign policy thinking and priorities, which in turn shapes how the
Pentagon’s budget is allocated. And with all 33 pages of this NSS, the world’s
despots have much to celebrate, while democrats have plenty to be anxious about
— especially in Europe.
Fleshing out what the Trump administration means by “America First,” the new
security strategy represents an emphatic break with Truman and the post-1945
order shaped by successive U.S. presidents. It is all about gaining a
mercantilist advantage, and its guiding principle is might is right.
Moving forward, Trump’s foreign policy won’t be “grounded in traditional,
political ideology” but guided by “what works for America.” And apparently what
works for America is to go easy on autocrats, whether theocratic or secular, and
to turn on traditional allies in a startling familial betrayal.
Of course, the hostility this NSS displays toward Europe shouldn’t come as a
surprise — Trump’s top aides have barely disguised their contempt for the EU,
while the president has said he believes the bloc was formed to “screw” the U.S.
But that doesn’t dull the sting.
Over the weekend, EU foreign policy chief Kaja Kallas sought to present a brave
face despite the excoriating language the NSS reserves for European allies,
telling international leaders at the Doha Forum: “We haven’t always seen
eye-to-eye on different topics. But the overall principle is still there: We are
the biggest allies, and we should stick together.”
But other seasoned European hands recognize that this NSS marks a significant
departure from what has come before. “The only part of the world where the new
security strategy sees any threat to democracy seems to be Europe. Bizarre,”
said former Swedish Prime Minister and European Council on Foreign Relations
co-chair Carl Bildt.
He’s right. As Bildt noted, the NSS includes no mention, let alone criticism, of
the authoritarian behavior of the “axis of autocracy” — China, Russia, Iran and
North Korea. It also rejects interventionist approaches to autocracies or
cajoling them to adopt “democratic or other social change that differs widely
from their traditions and histories.”
For example, the 2017 NSS framed China as a systemic global challenger in very
hostile terms. “A geopolitical competition between free and repressive visions
of world order is taking place in the Indo-Pacific region,” that document noted.
But the latest version contains no such language amid clear signs that Trump
wants to deescalate tensions; the new paramount objective is to secure a
“mutually advantageous economic relationship.”
All should be well as long as China stays away from the Western Hemisphere,
which is the preserve of the U.S. — although it must also ditch any idea of
invading Taiwan. “Deterring a conflict over Taiwan, ideally by preserving
military overmatch, is a priority” the NSS reads.
Likewise, much to Moscow’s evident satisfaction, the document doesn’t even cast
Russia as an adversary — in stark contrast with the 2017 strategy, which
described it as a chief geopolitical rival. No wonder Kremlin spokesperson
Dmitry Peskov welcomed the NSS as a “positive step” and “largely consistent”
with Russia’s vision. “Overall, these messages certainly contrast with the
approaches of previous administrations,” he purred.
While Beijing and Moscow appear delighted with the NSS, the document reserves
its harshest language and sharpest barbs for America’s traditional allies in
Europe.
“The core problem of the European continent, according to the NSS, is a neglect
of ‘Western’ values (understood as nationalist conservative values) and a ‘loss
of national identities’ due to immigration and ‘cratering birthrates,’” noted
Liana Fix of the Council on Foreign Relations. “The alleged result is economic
stagnation, military weakness and civilizational erasure.”
The new strategy also lambasts America’s European allies for their alleged
“anti-democratic” practices,accusing them of censorship and suppressing
political opposition in a dilation of Vance’s Munich criticism. Ominously, the
NSS talks about cultivating resistance within European nations by endorsing
“patriotic” parties — a threat that caused much consternation when Vance made
it, but is now laid out as the administration’s official policy.
Regime change for Europe but not for autocracies is cause for great alarm. So
how will Europe react?
Flatter Trump as “daddy,” like NATO Secretary-General Mark Rutte did in June?
Pretend the U.S. administration isn’t serious, and muddle through while
overlooking slights? Take the punishment and button up as it did over higher
tariffs? Or toughen up, and get serious about strategic autonomy?
Europe has once again been put on the spot to make some fundamental choices —
and quickly. But doing anything quickly isn’t Europe’s strong point. Admittedly,
that’s no easy task for a bloc that makes decisions by consensus in a process
designed to be agonizingly slow. Nor will it be an easy road at the national
level, with all 27 countries facing critical economic challenges and profound
political divisions that Washington has been seeking to roil. With the
assistance of Trump’s ideological bedfellows like Hungary’s Viktor Orbán and
Slovakia’s Robert Fico, the impasse will only intensify in the coming months.
Trump 2.0 is clearly a disorienting step change from the president’s first term
— far more triumphalist, confident, uncompromisingly mercantilist; and
determined to ignore guardrails; and more revolutionary in how it implements its
“America First” agenda. The NSS just makes this clearer, and the howls of
disapproval from critics will merely embolden an administration that sees
protest as evidence it’s on the right track.
Europe’s leaders have had plenty of warnings, but apart from eye-rolling,
hand-wringing and wishful thinking they failed to agree on a plan. However,
trying to ride things out isn’t going to work this time around — and efforts to
foist a very unfavorable “peace” deal on Ukraine may finally the trigger the
great unraveling of the Western alliance.
The bloc’s options are stark, to be sure. Whether it kowtows or pushes back,
it’s going to cost Europe one way or another.
President Donald Trump intends for the U.S. to keep a bigger military presence
in the Western Hemisphere going forward to battle migration, drugs and the rise
of adversarial powers in the region, according to his new National Security
Strategy.
The 33-page document is a rare formal explanation of Trump’s foreign policy
worldview by his administration. Such strategies, which presidents typically
release once each term, can help shape how parts of the U.S. government allocate
budgets and set policy priorities.
The Trump National Security Strategy, which the White House quietly released
Thursday, has some brutal words for Europe, suggesting it is in civilizational
decline, and pays relatively little attention to the Middle East and Africa.
It has an unusually heavy focus on the Western Hemisphere that it casts as
largely about protecting the U.S. homeland. It says “border security is the
primary element of national security” and makes veiled references to China’s
efforts to gain footholds in America’s backyard.
“The United States must be preeminent in the Western Hemisphere as a condition
of our security and prosperity — a condition that allows us to assert ourselves
confidently where and when we need to in the region,” the document states. “The
terms of our alliances, and the terms upon which we provide any kind of aid,
must be contingent on winding down adversarial outside influence — from control
of military installations, ports, and key infrastructure to the purchase of
strategic assets broadly defined.”
The document describes such plans as part of a “Trump Corollary” to the Monroe
Doctrine. The latter is the notion set forth by President James Monroe in 1823
that the U.S. will not tolerate malign foreign interference in its own
hemisphere.
Trump’s paper, as well as a partner document known as the National Defense
Strategy, have faced delays in part because of debates in the administration
over elements related to China. Treasury Secretary Scott Bessent pushed for some
softening of the language about Beijing, according to two people familiar with
the matter who were granted anonymity to describe internal deliberations.
Bessent is currently involved in sensitive U.S. trade talks with China, and
Trump himself is wary of the delicate relations with Beijing.
The new National Security Strategy says the U.S. has to make challenging choices
in the global realm. “After the end of the Cold War, American foreign policy
elites convinced themselves that permanent American domination of the entire
world was in the best interests of our country. Yet the affairs of other
countries are our concern only if their activities directly threaten our
interests,” the document states.
In an introductory note to the strategy, Trump called it a “roadmap to ensure
that America remains the greatest and most successful nation in human history,
and the home of freedom on earth.”
But Trump is mercurial by nature, so it’s hard to predict how closely or how
long he will stick to the ideas laid out in the new strategy. A surprising
global event could redirect his thinking as well, as it has done for recent
presidents from George W. Bush to Joe Biden.
Still, the document appears in line with many of the moves he’s taken in his
second term, as well as the priorities of some of his aides.
That includes deploying significantly more U.S. military prowess to the Western
Hemisphere, taking numerous steps to reduce migration to America, pushing for a
stronger industrial base in the U.S. and promoting “Western identity,” including
in Europe.
The strategy even nods to so-called traditional values at times linked to the
Christian right, saying the administration wants “the restoration and
reinvigoration of American spiritual and cultural health” and “an America that
cherishes its past glories and its heroes.” It mentions the need to have
“growing numbers of strong, traditional families that raise healthy children.”
As POLITICO has reported before, the strategy spends an unusual amount of space
on Latin America, the Caribbean and other U.S. neighbors. That’s a break with
past administrations, who tended to prioritize other regions and other topics,
such as taking on major powers like Russia and China or fighting terrorism.
The Trump strategy suggests the president’s military buildup in the Western
Hemisphere is not a temporary phenomenon. (That buildup, which has
included controversial military strikes against boats allegedly carrying drugs,
has been cast by the administration as a way to fight cartels. But the
administration also hopes the buildup could help pressure Venezuelan leader
Nicolas Maduro to step down.)
The strategy also specifically calls for “a more suitable Coast Guard and Navy
presence to control sea lanes, to thwart illegal and other unwanted migration,
to reduce human and drug trafficking, and to control key transit routes in a
crisis.”
The strategy says the U.S. should enhance its relationships with governments in
Latin America, including working with them to identify strategic resources — an
apparent reference to materials such as rare earth minerals. It also declares
that the U.S. will partner more with the private sector to promote “strategic
acquisition and investment opportunities for American companies in the region.”
Such business-related pledges, at least on a generic level, could please many
Latin American governments who have long been frustrated by the lack of U.S.
attention to the region. It’s unclear how such promises square with Trump’s
insistence on imposing tariffs on America’s trade partners, however.
The National Security Strategy spends a fair amount of time on China, though it
often doesn’t mention Beijing directly. Many U.S. lawmakers — on a bipartisan
basis — consider an increasingly assertive China the gravest long-term threat to
America’s global power. But while the language the Trump strategy uses is tough,
it is careful and far from inflammatory.
The administration promises to “rebalance America’s economic relationship with
China, prioritizing reciprocity and fairness to restore American economic
independence.”
But it also says “trade with China should be balanced and focused on
non-sensitive factors” and even calls for “maintaining a genuinely mutually
advantageous economic relationship with Beijing.”
The strategy says the U.S. wants to prevent war in the Indo-Pacific — a nod to
growing tensions in the region, including between China and U.S. allies such as
Japan and the Philippines.
“We will also maintain our longstanding declaratory policy on Taiwan, meaning
that the United States does not support any unilateral change to the status quo
in the Taiwan Strait,” it states. That may come as a relief to Asia watchers who
worry Trump will back away from U.S. support for Taiwan as it faces ongoing
threats from China.
The document states that “it is a core interest of the United States to
negotiate an expeditious cessation of hostilities in Ukraine,” and to mitigate
the risk of Russian confrontation with other countries in Europe.
But overall it pulls punches when it comes to Russia — there’s very little
criticism of Moscow.
Instead, it reserves some of its harshest remarks for U.S.-allied nations in
Europe. In particular, the administration, in somewhat veiled terms, knocks
European efforts to rein in far-right parties, calling such moves political
censorship.
“The Trump administration finds itself at odds with European officials who hold
unrealistic expectations for the [Ukraine] war perched in unstable minority
governments, many of which trample on basic principles of democracy to suppress
opposition,” the strategy states.
The strategy also appears to suggest that migration will fundamentally change
European identity to a degree that could hurt U.S. alliances.
“Over the long term, it is more than plausible that within a few decades at the
latest, certain NATO members will become majority non-European,” it states. “As
such, it is an open question whether they will view their place in the world, or
their alliance with the United States, in the same way as those who signed the
NATO charter.”
Still, the document acknowledges Europe’s economic and other strengths, as well
as how America’s partnership with much of the continent has helped the U.S. “Not
only can we not afford to write Europe off — doing so would be self-defeating
for what this strategy aims to achieve,” it says.
“Our goal should be to help Europe correct its current trajectory,” it says.
Trump’s first-term National Security Strategy focused significantly on the U.S.
competition with Russia and China, but the president frequently undercut it by
trying to gain favor with the leaders of those nuclear powers.
If this new strategy proves a better reflection of what Trump himself actually
believes, it could help other parts of the U.S. government adjust, not to
mention foreign governments.
As Trump administration documents often do, the strategy devotes significant
space to praising the commander-in-chief. It describes him as the “President of
Peace” while favorably stating that he “uses unconventional diplomacy.”
The strategy struggles at times to tamp down what seem like inconsistencies. It
says the U.S. should have a high bar for foreign intervention, but it also says
it wants to “prevent the emergence of dominant adversaries.”
It also essentially dismisses the ambitions of many smaller countries. “The
outsized influence of larger, richer, and stronger nations is a timeless truth
of international relations,” the strategy states.
The National Security Strategy is the first of several important defense and
foreign policy papers the Trump administration is due to release. They include
the National Defense Strategy, whose basic thrust is expected to be similar.
Presidents’ early visions for what the National Security Strategy should mention
have at times had to be discarded due to events.
After the 9/11 attacks, George W. Bush’s first-term strategy ended up focusing
heavily on battling Islamist terrorism. Biden’s team spent much of its first
year working on a strategy that had to be rewritten after Russia moved toward a
full-scale invasion of Ukraine.
After more than three decades in the pharmaceutical industry, I know one thing:
science transforms lives, but policy determines whether innovation thrives or
stalls. That reality shapes outcomes for patients — and for Europe’s
competitiveness. Today, Europeans stand at a defining moment. The choices we
make now will determine whether Europe remains a global leader in life sciences
or we watch that leadership slip away.
It’s worth reminding ourselves of the true value of Europe’s life sciences
industry and the power we have as a united bloc to protect it as a European
good.
Europe has an illustrious track record in medical discovery, from the first
antibiotics to the discovery of DNA and today’s advanced biologics. Still today,
our region remains an engine of medical breakthroughs, powered by an
extraordinary ecosystem of innovators in the form of start-ups, small and
medium-sized enterprises, academic labs, and university hospitals. This strength
benefits patients through access to clinical trials and cutting-edge treatments.
It also makes life sciences a strategic pillar of Europe’s economy.
The economic stakes
Life sciences is not just another industry for Europe. It’s a growth engine, a
source of resilience and a driver of scientific sovereignty. The EU is already
home to some of the world’s most talented scientists, thriving academic
institutions and research clusters, and a social model built on universal access
to healthcare. These assets are powerful, yet they only translate into future
success if supported by a legislative environment that rewards innovation.
> Life sciences is not just another industry for Europe. It’s a growth engine, a
> source of resilience and a driver of scientific sovereignty.
This is also an industry that supports 2.3 million jobs and contributes over
€200 billion to the EU economy each year — more than any other sector. EU
pharmaceutical research and development spending grew from €27.8 billion in 2010
to €46.2 billion in 2022, an average annual increase of 4.4 percent. A success
story, yes — but one under pressure.
While Europe debates, others act
Over the past two decades, Europe has lost a quarter of its share of global
investment to other regions. This year — for the first time — China overtook
both the United States and Europe in the number of new molecules discovered.
China has doubled its share of industry sponsored clinical trials, while
Europe’s share has halved, leaving 60,000 European patients without the
opportunity to participate in trials of the next generation of treatments.
Why does this matter? Because every clinical trial site that moves elsewhere
means a patient in Europe waits longer for the next treatment — and an ecosystem
slowly loses competitiveness.
Policy determines whether innovation can take root. The United States and Asia
are streamlining regulation, accelerating approvals and attracting capital at
unprecedented scale. While Europe debates these matters, others act.
A world moving faster
And now, global dynamics are shifting in unprecedented ways. The United States’
administration’s renewed push for a Most Favored Nation drug pricing policy —
designed to tie domestic prices to the lowest paid in developed markets —
combined with the potential removal of long-standing tariff exemptions for
medicines exported from Europe, marks a historic turning point.
A fundamental reordering of the pharmaceutical landscape is underway. The
message is clear: innovation competitiveness is now a geopolitical priority.
Europe must treat it as such.
A once-in-a-generation reset
The timing couldn’t be better. As we speak, Europe is rewriting the
pharmaceutical legislation that will define the next 20 years of innovation.
This is a rare opportunity, but only if reforms strengthen, rather than weaken,
Europe’s ability to compete in life sciences.
To lead globally, Europe must make choices and act decisively. A triple A
framework — attract, accelerate, access — makes the priorities clear:
* Attract global investment by ensuring strong intellectual property
protection, predictable regulation and competitive incentives — the
foundations of a world-class innovation ecosystem.
* Accelerate the path from science to patients. Europe’s regulatory system must
match the speed of scientific progress, ensuring that breakthroughs reach
patients sooner.
* Ensure equitable and timely access for all European patients. No innovation
should remain inaccessible because of administrative delays or fragmented
decision-making across 27 systems.
These priorities reinforce each other, creating a virtuous cycle that
strengthens competitiveness, improves health outcomes and drives sustainable
growth.
> Europe has everything required to shape the future of medicine: world-class
> science, exceptional talent, a 500-million-strong market and one of the most
> sophisticated pharmaceutical manufacturing bases in the world.
Despite flat or declining public investment in new medicines across most member
states over the past 20 years, the research-based pharmaceutical industry has
stepped up, doubling its contributions to public pharmaceutical expenditure from
12 percent to 24 percent between 2018 and 2023. In effect, we have financed our
own innovation. No other sector has done this at such scale. But this model is
not sustainable. Pharmaceutical innovation must be treated not as a cost to
contain, but as a strategic investment in Europe’s future.
The choice before us
Europe has everything required to shape the future of medicine: world-class
science, exceptional talent, a 500-million-strong market and one of the most
sophisticated pharmaceutical manufacturing bases in the world.
What we need now is an ambition equal to those assets.
If we choose innovation, we secure Europe’s jobs, research and competitiveness —
and ensure European patients benefit first from the next generation of medical
breakthroughs. A wrong call will be felt for decades.
The next chapter for Europe is being written now. Let us choose the path that
keeps Europe leading, competing and innovating: for our economies, our societies
and, above all, our patients. Choose Europe.
--------------------------------------------------------------------------------
Disclaimer
POLITICAL ADVERTISEMENT
* The sponsor is European Federation of Pharmaceutical Industries and
Associations (EFPIA)
* The ultimate controlling entity is European Federation of Pharmaceutical
Industries and Associations (EFPIA)
* The political advertisement is linked to the Critical Medicines Act.
More information here.
President Donald Trump is no longer content to stand aloof from the global
alliance trying to combat climate change. His new goal is to demolish it — and
replace it with a new coalition reliant on U.S. fossil fuels.
Trump’s increasingly assertive energy diplomacy is one of the biggest challenges
awaiting the world leaders, diplomats and business luminaries gathering for a
United Nations summit in Brazil to try to advance the fight against global
warming. The U.S. president will not be there — unlike the leaders of countries
including France, Germany and the United Kingdom, who will speak before
delegates from nearly 200 nations on Thursday and Friday. But his efforts to
undermine the Paris climate agreement already loom over the talks, as does his
initial success in drawing support from other countries.
“It’s not enough to just withdraw from” the 2015 pact and the broader U.N.
climate framework that governs the annual talks, said Richard Goldberg, who
worked as a top staffer on Trump’s White House National Energy Dominance Council
and is now senior adviser to the think tank Foundation for Defense of
Democracies. “You have to degrade it. You have to deter it. You have to
potentially destroy it.”
Trump’s approach includes striking deals demanding that Japan, Europe and other
trading partners buy more U.S. natural gas and oil, using diplomatic
strong-arming to deter foreign leaders from cutting fossil fuel pollution,
and making the United States inhospitable to clean energy investment.
Unlike during his first term, when Trump pulled out of the Paris Agreement but
sent delegates to the annual U.N. climate talks anyway, he now wants to render
them ineffective and starved of purpose by drawing as many other countries as
possible away from their own clean energy goals, according to Cabinet officials’
public remarks and interviews with 20 administration allies and alumni, foreign
diplomats and veterans of the annual climate negotiations.
Those efforts are at odds with the goals of the climate summits, which included
a Biden administration-backed pledge two years ago for the world to transition
away from fossil fuels. Slowing or reversing that shift could send global
temperatures soaring above the goals set in Paris a decade ago, threatening a
spike in the extreme weather that is already pummeling countries and economies.
The White House says Trump’s campaign to unleash American oil, gas and coal is
for the United States’ benefit — and the world’s.
“The Green New Scam would have killed America if President Trump had not been
elected to implement his commonsense energy agenda — which is focused on
utilizing the liquid gold under our feet to strengthen our grid stability and
drive down costs for American families and businesses,” White House spokesperson
Taylor Rogers said in a statement. “President Trump will not jeopardize our
country’s economic and national security to pursue vague climate goals that are
killing other countries.”
‘WOULD LIKE TO SEE THE PARIS AGREEMENT DIE’
The Trump administration is declining to send any high-level representatives to
the COP30 climate talks, which will formally begin Monday in Belém, Brazil,
according to a White House official who declined to comment on the record about
whether any U.S. government officials would participate.
Trump’s view that the annual negotiations are antithetical to his energy and
economic agenda is also spreading among other Republican officials. Many GOP
leaders, including 17 state attorneys general, argued last month that attending
the summit would only legitimize the proceedings and its expected calls for
ditching fossil fuels more swiftly.
Climate diplomats from other countries say they’ve gotten the message about
where the U.S. stands now — and are prepared to act without Washington.
“We have a large country, a president, and a vice president who would like to
see the Paris Agreement die,” Laurence Tubiana, the former French government
official credited as a key architect of the 2015 climate pact, said of the
United States.
“The U.S. will not play a major role” at the summit, said Jochen Flasbarth,
undersecretary in the German Ministry of Environmental Affairs. “The world is
collectively outraged, and so we will focus — as will everyone else — on
engaging in talks with those who are driving the process forward.”
Trump and his allies have described the stakes in terms of a zero-sum contest
between the United States and its main economic rival, China: Efforts to reduce
greenhouse gas emissions, they say, are a complete win for China, which sells
the bulk of the world’s solar, wind, battery and electric vehicle technology.
That’s a contrast from the approach of former President Joe Biden, who pushed a
massive U.S. investment in green technologies as the only way for America to
outcompete China in developing the energy sources of the future. In the Trump
worldview, stalling that energy transition benefits the United States, the
globe’s top producer of oil and natural gas, along with many of the technologies
and services to produce, transport and burn the stuff.
“If [other countries] don’t rely on this technology, then that’s less power to
China,” said Diana Furchtgott-Roth, who served in the U.S. Transportation
Department during Trump’s first term and is now director of the Center for
Energy, Climate and Environment at the conservative think tank the Heritage
Foundation.
TRUMP FINDS ALLIES THIS TIME
Two big developments have shaped the president’s new thinking on how to
counteract the international fight against climate change, said George David
Banks, who was Trump’s international climate adviser during the first
administration.
The first was the Inflation Reduction Act that Democrats passed and Biden signed
in 2022, which promised hundreds of billions of dollars to U.S. clean energy
projects. Banks said the legislation, enacted entirely on partisan lines, made
renewable energy a political target in the minds of Trump and his fossil-fuel
backers.
The second is Trump’s aggressive use of U.S. trading power during his second
term to wring concessions from foreign governments, Banks said. Trump has
required his agencies to identify obstacles for U.S. exports, and the United
Nations’ climate apparatus may be deemed a barrier for sales of oil, gas and
coal.
Trump’s strategy is resonating with some fossil fuel-supporting nations,
potentially testing the climate change comity at COP30. Those include emerging
economies in Africa and Latin America, petrostates such as Saudi Arabia, and
European nations feeling a cost-of-living strain that is feeding a resurgent
right wing.
U.S. Energy Secretary Chris Wright drew applause in March at a Washington
gathering called the Powering Africa Summit, where he called it “nonsense” for
financiers and Western nations to vilify coal-fired power. He also asserted that
U.S. natural gas exports could supply African and Asian nations with more of
their electricity.
Wright cast the goal of achieving net-zero greenhouse gas pollution by 2050 —
the target dozens of nations have embraced — as “sinister,” contending it
consigns developing nations to poverty and lower living standards.
The U.S. about-face was welcome, Sierra Leone mining and minerals minister
Julius Daniel Mattai said during the conference. Western nations had kneecapped
financing for offshore oil investments and worked to undercut public backing for
fossil fuel projects, Mattai said, criticizing Biden’s administration for only
being interested in renewable energy.
But now Trump has created room for nations to use their own resources, Mattai
said.
“With the new administration having such a massive appetite for all sorts of
energy mixes, including oil and gas, we do believe there’s an opportunity to
explore our offshore oil investments,” he said in an interview.
TURNING UP THE HEAT ON TRADING PARTNERS
Still, Banks acknowledged that Trump probably can’t halt the spread of clean
energy. Fossil fuels may continue to supply energy in emerging economies for
some time, he said, but the private sector remains committed to clean energy to
meet the U.N.’s goals of curbing climate change.
That doesn’t mean Trump won’t try.
The administration’s intent to pressure foreign leaders into a more
fossil-fuel-friendly stance was on full display last month at a London meeting
of the U.N.’s International Maritime Organization where U.S. Cabinet secretaries
and diplomats succeeded in thwarting a proposed carbon emissions tax on global
shipping.
That coup followed a similar push against Beijing a month earlier, when Mexico —
the world’s biggest buyer of Chinese cars — slapped a 50 percent tariff on
automotive imports from China after pressure from the Trump administration.
China accused the U.S. of “coercion.”
Trump’s attempt to flood global markets with ever growing amounts of U.S. fossil
fuels is even more ambitious, though so far incomplete.
The EU and Japan — under threat of tariffs — have promised to spend hundreds of
billions of dollars on U.S. energy products. But so far, new and binding
contracts have not appeared.
Trump has also tried to push China, Japan and South Korea to invest in a $44
billion liquefied natural gas project in Alaska, so far to no avail.
In the face of potential tariffs and other U.S. pressure, European ministers and
diplomats are selling the message that victory at COP30 might simply come in the
form of presenting a united front in favor of climate action. That could mean
joining with other major economies such as China and India, and forming common
cause with smaller, more vulnerable countries, to show that Trump is isolated.
“I’m sure the EU and China will find themselves on opposite sides of many
debates,” said the EU’s lead climate negotiator, Jacob Werksman. “But we have
ways of working with them. … We are both betting heavily on the green
transition.”
Avoiding a faceplant may actually be easier if the Trump administration does
decide to turn up in Brazil, said Li Shuo, the director of China Climate Hub at
the Asia Society Policy Institute in Washington.
“If the U.S. is there and active, I’d expect the rest of the world, including
the EU and China, to rest aside their rhetorical games in front of a larger
challenge,” Li wrote via text.
And for countries attending COP, there is still some hope of a long-term win.
Solar, wind, geothermal and other clean energy investments are continuing apace,
even if Trump and the undercurrents that led to his reelection have hindered
them, said Nigel Purvis, CEO of climate consulting firm Climate Advisers and a
former State Department climate official.
Trump’s attempts to kill the shipping fee, EU methane pollution rules and
Europe’s corporate sustainability framework are one thing, Purvis said. But when
it comes to avoiding Trump’s retribution, there is “safety in numbers” for the
rest of the world that remains in the Paris Agreement, he added. And even if the
progress is slower than originally hoped, those nations have committed to
shifting their energy systems off fossil fuels.
“We’re having slower climate action than otherwise would be the case. But we’re
really talking about whether Trump is going to be able to blow up the regime,”
Purvis said. “And I think the answer is ‘No.’”
Nicolas Camut in Paris, Zia Weise in Brussels and Josh Groeneveld in Berlin
contributed to this report.
For the third time in three days, the Senate was asked whether it approves of
President Donald Trump’s tariffs. And for the third time, they said “no.”
This time, the vote was to end the national emergency Trump used to declare
global “reciprocal” tariffs, the sweeping duties of between 10 and 50 percent
that he imposed on nearly every country in the world this summer.
The vote passed 51-47, with the same group of four Republican senators crossing
party lines as on previous votes this week disapproving of Trump’s tariffs on
Canada and Brazil: Rand Paul of Kentucky, Lisa Murkowski of Alaska, Susan
Collins of Maine and Mitch McConnell of Kentucky. A similar vote in April failed
due to the absence of McConnell and Sen. Sheldon Whitehouse (D-R.I.).
The series of symbolic rebukes this week in the Senate stood in stark contrast
to Trump’s nearly weeklong trip to Asia, where he touted his use of tariffs as a
means to secure new trade agreements and unprecedented foreign investment
commitments. The resolution the Senate approved on Thursday takes aim at the
tariffs that have served as a foundation for those agreements.
The vote is unlikely to undermine the agreements, however, since House
Republican leadership has blocked votes on Trump’s tariffs until January. Even
if the House did eventually approve that or other tariff resolutions, Congress
would need a two-thirds majority to overcome a presidential veto.
Paul, a co-sponsor of the resolution approved Thursday, as well as the two other
resolutions the Senate approved this week, criticized Trump’s use of a 1977
emergency law to impose the global duties. The president claimed they were
warranted because the country’s trade deficit qualifies as a national emergency,
an idea Paul pooh-poohed.
“I think that it’s a fallacy that it means anything,” Paul said about the
national trade deficit at an event Wednesday night hosted at the Peterson
Institute for International Economics. “I think it’s meaningless. I think it’s a
completely meaningless accounting of trade that sends no real signals of value
or use.”
Still the Kentucky senator, a frequent critic of Trump’s trade policies, said he
did not expect the tariff resolutions to ultimately succeed in tying Trump’s
hands. “I think in order to get to [two thirds of Congress], it would take an
economic calamity,” Paul said. “Which I don’t wish on anyone, or particularly
our country.”