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Jess Frampton

The end of the transatlantic relationship as we know it

Donald Trump’s second term is having considerably more impact on the global stage than his first. Trump may have been a largely transactional president last time around, when he was more constrained at home and faced relatively more powerful counterparts abroad. But the first two months of Trump 2.0 have shattered the illusion of continuity. No American ally faces a ruder awakening than Europe, whose relationship with the United States is now fundamentally damaged.

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The economic waves of Trump 2.0: Insights from The Economist's Zanny Minton Beddoes

Listen: On the GZERO World Podcast with Ian Bremmer, we ask The Economist's editor-in-chief Zanny Minton Beddoes: Did Wall Street get President Trump wrong?

Candidate Trump promised to lower taxes and drastically reduce government regulation. This message resonated as much with Wall Street as it did with Main Street. After surviving, if not thriving, under President Trump's first term in office, the business community no longer feared Trump's unpredictability. They overlooked his fixation on tariffs and his promises of mass deportations.

However, the first months of Trump 2.0 have been a time of economic warfare and market volatility. President Trump slapped tariffs on America's largest trading partners and closest allies and began to make good on a promise to deport millions of illegal immigrants. So where is this all heading, and what does it mean for the rest of the world?

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Is the US-Europe alliance permanently damaged?

Carl Bildt, former prime minister of Sweden and co-chair of the European Council on Foreign Relations, shares his perspective on European politics from Stockholm, Sweden.

Is the transatlantic relationship permanently damaged by what we have seen during the last 10 days or so?

Well, there is no question that the last 10 days or so have been the worst by far for the transatlantic relationship in, well, modern recorded history. You can go through all of the details if you want. It started with the shameful vote in the UN General Assembly on the same day that was three years after the war of aggression that Russia started, where the United States turned around, lined up with Russia, and with primarily a bunch of countries that you would not normally like to be seen in the company of, in order to try to defeat the Europeans, and defeat the Ukrainians, and defeat the Japanese, and defeat the Australians, defeat all of the friends who have criticized the Russians.

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Why Trump won’t break the Putin-Xi alliance

Ian Bremmer shares his insights on global politics this week on World In :60.

Does Trump's relationship with Putin isolate or concern China?

I wouldn't say so. I think that Putin and Xi Jinping have one of the stronger relationships on the global stage today. I think they've met something like 81 times bilaterally since the two have been in power. They're both leaders for life, they run dictatorships, and they support each other all the time at the United Nations. There's a lot of technology and trade, and China needs to buy Russian energy. The Americans certainly don't. So, for lots of reasons, this relationship is much more stable and strong than anything that Trump is likely to build with Putin. Especially because Trump is a one more term president, 78 years old, with checks and balances in the US, even if they're getting weaker, they exist. That's not true in Russia. It's not true in China. So, I don't think Beijing is very worried about that.

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Can Europe broker a Ukraine ceasefire?

Ian Bremmer's Quick Take: A Quick Take to kick off your week. The big news, everything around Russia, Ukraine, the United States, and Europe. The Europeans now with the ball in their court, a big summit, a coalition of the willing in London this week. And Zelensky very warmly embraced, quite literally, by UK Prime Minister Keir Starmer and by everyone in attendance. It was very different visuals, very different takeaways than the meeting between Zelensky, Trump, and Vance in the Oval Office, which couldn't have gone much worse if everyone tried.

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Playing cards depicting President Donald Trump on display in West Palm Beach, Florida, late last year.

REUTERS/Marco Bello

Opinion: The US president plays a Trump card on Ukraine

On the 2016 campaign trail, Democratic presidential candidate Hillary Clinton was fond of repeating the truism: When someone shows you who they are, believe them. In a particular clip from August 2016, Clinton underscored her assessment of then-adversary and Republican presidential candidate Donald Trump by saying, “There is no new Donald Trump.”

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Trump's Ukraine peace plan confuses Europe leaders

Carl Bildt, former prime minister of Sweden and co-chair of the European Council on Foreign Relations, shares his perspective on European politics from Kyiv, Ukraine, on the three-year anniversary of Russia's full-scale aggression against the country.

What is the European reaction to what President Trump is trying to achieve in terms of peace?

Well, confusion. A lot of people, and there are quite a number of European leaders here, today, don't really understand what President Trump is up to. He wants peace, that's fine. But peace can be, well, that could be the complete capitulation of Ukraine, that is the Putin definition of peace. Or it can be the victory of Ukraine, that's another definition of peace. So exactly how President Trump intends to pursue this? And without Europe, obviously, neither Putin nor Trump wants Europe around the table.

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Germany's close election limits its ability to lead Europe

Ian Bremmer's Quick Take: Lots going on the German elections. Probably the most important though, everything around Europe and Russia and Ukraine and the United States kind of dominating the headlines right now. Germany went pretty much the way we all expected. The polls have been very, very steady over the course of the past couple of months. The big question was whether or not you could have a two-party or a three-party coalition that really depended on whether or not parties that were small would get over the 5% hurdle that allows them representation in Germany's parliament, in which case it would be harder to put together a government. You'd need three parties or whether they would stay out. The latter turned out to be the case. Didn't find that out until three A.M. in Germany. Very unusual how close in that regard the election was for those smaller parties, and that means you're going to get a grand coalition, a two-party coalition center-right and center-left.

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