Carl Bildt, former prime minister of Sweden, shares his perspective on European politics.

What's the mood in the transatlantic relationship?

Well, not bad. Certainly not, but not as good as it should be. There's been or there is a substantial European irritation with a very high level of subsidies that is given to industries in the US, excluding European deliveries of electric vehicles and energy investments and things like that. And that is causing a somewhat of a mini crisis that I hope will be resolved in the next few months. Let's hope for the best.