Nov. 20, 2024, 5:49 p.m.
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Trump’s  Victory: What It Means for Europe?

 

Donald Trump’s victory as the president of the United States of America has several aspects of implications specially in area of security, economics and politics.

 The first and immediate one on the list would be security concerns. In the previous term of  presidency (2016-2020), Trump showed skepticism towards NATO and also criticized the role of European leaders for not to ‘pay their fair share’ in defense spending. Now this new term may undermine NATO’s collective defense principle (Article. 5) which obligates mutual defense resulting increased defense spending across the EU member states and  to consider alternative security strategies which has significant impact on Russia-Ukraine war. Again, Trump’s skepticism might accelerate the development of independent European defense initiatives(PESCO) ,leading to stronger EU integration and steps toward greater strategic autonomy​​​​.

Trump’s victory has also economic impacts On Europe.  Trump’s ‘America first’ policies and economic protectionism might hurt transatlantic trade. For example, European industries like automotive and Pharmaceuticals might face significant challenges potentially reducing exports to the US by 15%. Again, these tensions might motivate Europe to diversify its trade relationships, particularly with Asian partners, and strengthen internal EU trade mechanisms.

The political impact is also significant including the rise of populism and far-right empowerment in Europe. Trump’s nationalist, anti-immigrant and EU skeptic ideologies May complicate unity in EU on some key issues such as migration and climate policy.

 To summarize, the impact of Trump's presidency on Europe largely depends on how European leaders choose to respond. While the challenges are evident, they could act as a wake-up call for the EU to address long-standing issues, such as defense dependence on the U.S., over-reliance on global trade systems, and internal political fragmentation. These adjustments in the long run could lead to a stronger, more united Europe giving the floor for global leadership.


Rawnaqul Jannat, IILD Intern


The views expressed in the writing are the author's own and do not necessarily reflect the opinions of International Institute of Law and Diplomacy (IILD)

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