The publication of the Trump administration’s National Security Strategy has forced Europe to confront its potential geopolitical isolation. That effort came to a crossroad this week. The European Union had to decide how to keep Ukraine financially afloat for the next two years. It also needed to decide whether to commit to a new free trade agreement with South America.

The publication of the Trump administration’s National Security Strategy has forced Europe to confront its potential geopolitical isolation. That effort came to a crossroad this week. The European Union had to decide how to keep Ukraine financially afloat for the next two years. It also needed to decide whether to commit to a new free trade agreement with South America.

Does supporting Europe’s far right advance U.S. interests? What’s at stake in Europe’s free trade agreement with South America? Should Europe accept its geopolitical decline?

Those are just a few of the questions that came up in my recent conversation with FP economics columnist Adam Tooze on the podcast we co-host, Ones and Tooze. What follows is an excerpt, edited for length and clarity. For the full conversation, look for Ones and Tooze wherever you get your podcasts. And check out Adam’s Substack newsletter.

Cameron Abadi: The U.S. National Security Strategy suggests that Washington, in the future, will support Europe’s nationalist far right rathe

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