Europe Becomes A Union
2025-03-15 02:40:00 ET
Summary
- The president is pulling back the security blanket that’s protected Europe since 1945 and imposing 25% tariffs on steel and aluminum imports.
- It’s critical the EU significantly boost its spending. EU defense investment last year accounted for just 1.9% of its GDP, well short of the level of 3.5% that’s needed to respond to today’s existential crisis.
- Another positive emerging from the chaos is stronger collaboration between the EU and the U.K.
- In Germany, bold plans to step up investment in defense and infrastructure are sparking optimism that the manufacturing sector will get a much-needed boost.
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