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Europe awaits Trump's return with anxiety and hope


Novembre, 12 2024
watermark Economic news

On the eve of Donald Trump's return to the White House, European leaders are assessing the possible consequences of this event for the region's economy and are looking for new ways of development.


And although some analysts believe that Trump's new presidential term may turn out to be less harsh on Europe than the previous one, past experience causes many concerns.


First of all, this concerns Trump's position on NATO and the US commitment to joint defense. European countries are aware of the importance of increasing defense spending, but fear increased pressure from Trump on this issue. In this regard, the ideas of creating a European army are being discussed in order not to depend on American support.


Some European leaders, including French President Emmanuel Macron, are seeking to improve relations with Trump and establish dialogue on issues related to Russia and Ukraine. At the same time, Hungarian Prime Minister Viktor Orban, whose views on migration and the role of the EU converge with Trump's position, may strengthen his influence against the background of the return of the American leader.


Overall, expectations for Trump's new term in Europe are mixed. Despite past tensions, many hope for a more constructive dialogue and the search for new ways of cooperation.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.