[FR] Euroquestions #89 | Trump II: what can Europeans expect and how should they prepare?

Trump has announced massive tariff increases aimed at reducing the US trade deficit, decoupling China from the US economy, preventing the de-dollarisation of the BRICS countries, and putting pressure on trading partners, including the European Union. What will be the impact of this trade war, depending on whether the tariffs are universal or targeted, and depending on the bilateral negotiations undertaken and the exemptions obtained? Could he also seek to extend his deregulation measures to the EU, particularly in the digital sector? Will transatlantic relations be conditioned by broader geopolitical issues related to relations with China and Russia? How will internal political pressures, both in the United States and within the EU, shape their respective trade policies? Faced with these challenges, what deterrence and engagement strategy can Europeans put in place?
We are pleased to welcome Elvire Fabry, senior researcher in trade geopolitics at the Jacques Delors Institute, who has just published ‘The EU’s Art of the Deal: Shaping a Unified Response to Trump’s Tariff Threats’, with Arthur Leichthammer, policy analyst at the Jacques Delors Centre in Berlin.