What should the EU do when Trump wins the next election? "All is chaos under the heavens, the times are excellent." Not sure quoting a mass murderer for wisdom is wise but everybody getting their panties in a twist because Trump won; remember it. There are opportunities here. Here's my list:
1. As the U.S. scales back on environmental regulations, the EU could solidify its global leadership in climate action. This moment could further the European Green Deal and enhance the EU's position as a hub for green technology innovation and investment. By strengthening partnerships with like-minded regions (e.g., Canada, Japan), the EU could lead a coalition to tackle climate change and attract global investors focused on sustainability.
2. The EU could also capitalize on a more protectionist U.S. approach by attracting foreign investors looking for stable markets.
3. The EU can leverage its more stable stance to exert greater influence in institutions like the UN, WHO, and WTO. By doing so, the EU could shape international policy in ways that align with its standards on trade, human rights, and environmental protection.
4. Given Trump's prior skepticism toward NATO and multilateral security, the EU could take a stronger stance on European defense and autonomy. This might involve further funding for the European Defence Fund and strengthening PESCO (Permanent Structured Cooperation).
5. Policies may lead to a U.S. shift away from renewable energy production, possibly leading to increased oil and gas prices. The EU may want to fast-track its transition to renewables to mitigate potential price shocks and reduce reliance on external energy sources, especially in a time of political instability.
@ssu anything to add?