Donald Trump’s second term has not restored the familiar rhythm of transatlantic cooperation. Instead, it has accelerated a shift that began during his first presidency, where security, diplomacy and economic power increasingly moved away from a shared strategic framework and toward a model defined by negotiation and conditional commitments.
European defense debates increasingly revolve around budget targets, procurement coordination, and the aspiration for “strategic autonomy”. However, these efforts skirt around a far more fundamental issue: the lack of industrial and energy depth necessary to sustain credible military power. War is not only decided by technology and manpower, but also by production.
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