The 7Ds - De-risking Globalisation Extended: Strengthening Transatlantic Relations - Extended

Addressing the challenges of de-risking globalisation within the transatlantic relationship requires a multifaceted approach. Regardless of who becomes the next US president, he or she will grapple with populist and protectionist sentiments domestically, and geopolitical challenges externally. Under Trump, expect a more isolationist stance, with strained alliances and increased economic decoupling from geopolitical rivals. Harris would likely continue the Biden administration’s selective multilateralism, focusing on economic competitiveness while rebuilding security ties with allies. Europeans must strengthen their leadership, invest in their capabilities and foster transatlantic solidarity on global challenges.