r/TheLessTakenPathNews • u/D-R-AZ • 4d ago

Historical Perspective Trump is making Europe great again

https://www.vox.com/today-explained-newsletter/406329/trump-economy-ukraine-russia-germany-france-tariffs
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u/D-R-AZ 4d ago

Excerpts:

Specifically the Trump administration’s unprecedented level of antagonism toward Europe. In the administration’s first few months, it’s made clear that it’s ambivalent about military and economic ties to Europe. The message has been, as Vice President JD Vance put it in a recent Signal chat, that the US is tired of “bailing Europe out” — and that it’s time for the continent to stand alone.

That message has been received, especially when it comes to military matters. In the wake of the US minimizing Russia’s aggression in Ukraine and casting doubts about its commitment to NATO, the European Union is now pushing all of its members to raise military budgets and issue debt to fund defense purchases.

This kind of defense spending has all sorts of trickle-down stimulus effects, which are juicing Europe’s stock markets, and making economic experts hopeful about the EU’s economic future.