During his election campaign, Donald Trump talked about fundamental changes ranging from a trade war with Europe to withdrawal of North Atlantic Treaty Organization (NATO) commitments and support for Ukraine in the war with Russia.
There has been unrest in many countries around the world since Donald Trump was re-elected as US President. The European Union of 27 countries is also involved in this. The European Union, already facing an economic crisis, is worried that it may face further financial challenges under the Trump administration, as Trump repeatedly raised tariffs on the US during his election campaign and imposed higher duties on imports. Have announced to provide benefits to. Apart from this, he can also take initiative to end the Russia-Ukraine war.
During his election campaign, Donald Trump talked about fundamental changes ranging from a trade war with Europe to withdrawal of North Atlantic Treaty Organization (NATO) commitments and support for Ukraine in the war with Russia. Due to these reasons, European countries are worried because all these issues can bring serious consequences for the countries across Europe.
Zelensky will also attend the meeting
Therefore, about 50 European leaders, including Ukrainian President Volodymyr Zelensky and NATO Secretary General Mark Rutte, are scheduled to meet in Budapest on Friday to assess the impact on relations after Donald Trump’s victory. Indeed, to complicate an already complex economic situation, Europe’s economic superpower Germany has been plunged into a political crisis after Chancellor Olaf Scholz fired its finance minister. The development raises fears of elections in a few months and another standoff between the far right and major political parties in Europe.
Concern increased due to two incidents
Polish Prime Minister Donald Tusk said that the US elections and the political crisis in Germany, these two events together have made the situation more serious. However, the impact of the US presidential election is yet to be felt. European Council head Charles Michel said, “Our relationship with America is important and we are ready to deepen it.” On the other hand, the leaders of Britain, Turkey and the Balkan countries also met at a separate summit from the 27 countries of the European Union. About to have a meeting.
Hungarian Prime Minister Viktor Orban, the summit host and Trump admirer, said he spoke by phone with Trump overnight, declaring that “we have big plans for the future!” Prime Minister Giorgia Meloni praised the deep and historic strategic partnership that unites Rome and Washington. This partnership remained under constant pressure during Trump’s first term, from 2017 to 2021.
The previous Trump government has imposed fees
The previous Trump administration had imposed tariffs on EU steel and aluminum in 2018 based on claims that foreign products threatened US national security. Europeans and other allies retaliated by imposing tariffs on American-made motorcycles, bourbon whiskey, peanut butter and jeans, among other goods.
The impact of the US election result could be felt in Europe for years to come, with wars in Ukraine and West Asia, as well as issues such as migration and climate change. Zelensky is also among the leaders attending the conference. He is expected to appeal for more aid to protect his country from Russian invasion. The timing is significant because Trump has pledged to end the war “within 24 hours” of being elected.