Even before President Trump took office, the global balance of power and the international political order were shifting, resulting in greater instability, uncertainty, and insecurity.
In his speech to the World Economic Forum (WEF) in Davos last month, NATO Secretary General Jens Stoltenberg said that ‘protection of our values is more important than profit’, and that ‘freedom is more important than free trade’.
The United States lacks a comprehensive FTA with the EU, and the failed TTIP negotiations during the Obama era proved that there are significant barriers to achieving one.
The virtual meeting between top-level EU and Chinese officials on 14 September appears to be an ironic metaphor of the increasing distance in the relationship.
Covid–19 has done more than cause a medical and economic crisis. It is provoking a major reorientation of the foreign policy of both the United States and Europe.