Dear MEL Topic Readers,
Europe distrusts — but depends on — America. Can it afford to walk
away?
Until recently, the USA and Europe had long enjoyed a close
relationship, collectively called the West, sharing core values, such as
individual liberty, the rule of law, and market capitalism. For example, their
trade represents nearly 30% of the global total. The USA was one of the leading
founding members of the North Atlantic Treaty Organization (NATO), which was created
in 1949 to provide collective security against the Soviet Union. However, the
recent Trump administration’s attempt to capture Greenland, a sovereign
territory of Denmark, either by money or force, has made its European allies lose
trust in the USA. For energy security, it’s a big blow to European countries
because they have increased the import of Liquid Natural Gas (LNG) from the USA
as an alternative to Russia since 2022. Also, Europe depends heavily on US tech
enterprises for digital services, cloud infrastructure, and data centers. Even
though it is unclear if the recent absurd US moves will continue under future administrations, the mindsets of Europeans seem to have changed
considerably.
Read the article and learn how much Europe depends on the USA.
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