Europe's biggest concerns about Trump's return

- YouTube

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

Is Europe prepared for a Trump presidency?

And that's of course the big issue around every capital of Europe. There are two major issues and concerns.

One of them, obviously, the Russian war against Ukraine. What will be the US policy? Trump has promised to make peace within 24 hours. That's not going to happen. Putin is determined to continue this particular war. What would be the consequences then? Is Trump going to throw Ukraine under the bus, abandon support and thus abandon de facto concerns for the security of Europe? How would Europe react to that big issue?

Second big issue, tariffs. Trump has said that tariffs is the word that he loves most of all words. And he said that he's going to impose 10, 20% tariffs on all imports and far more on imports, of course, from China. That's going to have hugely negative effects for the global economy, also for the European economy, US economy and everyone else. What's going to be the European reaction to that? Counter tariffs or trying to line up with other global trade actors to preserve as much as we can, open up a big global trading system? Huge issues. No answer until by January 20th we know what the Trump administration is going to do. One conclusion, fairly obvious; we better buckle up.

More from GZERO Media

Chart of the most consequential Supreme Court cases of 2025.
Eileen Zhang

The 2025 Supreme Court term began this month, ushering in a slate of cases that could reshape American governance. No one will be watching more closely than President Donald Trump, whose efforts to expand executive power and limit independent oversight will be under the judicial microscope.

Kenya's opposition leader Raila Odinga addresses delegates after President William Ruto signed the Independent Electoral and Boundaries Commission Amendment Bill 2024, backed by the National Dialogue Committee (NADCO), at the Kenyatta International Conference Centre in Nairobi, Kenya, on July 9, 2024.
REUTERS/Thomas Mukoya

When Walmart stocks its shelves with homegrown products like Fischer & Wieser’s peach jam, it’s not just selling food — it’s creating opportunity. Over two-thirds of what Walmart buys is made, grown, or assembled in America, fueling jobs and growth in communities nationwide. Walmart’s $350 billion commitment to US manufacturing is supporting 750,000 jobs and empowering small businesses to sell more, hire more, and strengthen their hometowns. From farms to shelves, Walmart’s investment keeps local businesses thriving. Learn how Walmart's commitment to US manufacturing is supporting 750K American jobs.

Earlier this month, Microsoft released the 2025 TechSpark Impact Report, which highlights how the company is assisting regions across the US in achieving these goals. Since its launch, TechSpark has obtained over $700 million in community funding, supported more than 65,000 people in developing digital skills, and, thanks to the work of TechSpark Fellows, catalyzed $249M+ in funding and upskilled 34,600 individuals across 46 communities — highlighting the ripple effect of local leadership and innovation. Learn more about this progress in the 2025 report here.

People walk past a jewelry store in the Diamond District of Manhattan, New York City, USA, on August 6, 2025.
Jimin Kim / SOPA Images via Reuters Connect

GZERO spoke to Eurasia Group’s Commodities Director Tim Puko to better understand why the diamond industry has tanked, and the consequences of this for geopolitics.

- YouTube

In Ask Ian, Ian Bremmer notes that US–China relations are once again on edge. After Washington expanded export controls on Chinese tech firms, Beijing struck back with new limits on critical minerals. President Trump responded by threatening 100% tariffs, then quickly walked them back.

In this episode of The Ripple Effect: Investing in Life Sciences, host Dan Riskin speaks with Patrick Horber, President of Novartis International, and David Gluckman, Vice Chairman of Investment Banking and Global Head of Healthcare at Lazard. Together, they break down the outsized economic impact of life science innovation, from trillions in US bioscience output to China’s meteoric rise as a global R&D hub.