> The United States and Europe have a rich history of
cooperation which played a fundamental role in the
establishment of the post-World War II international
order with its tissue of multilateral structures
that helped to generate an unprecedented period of
peace and stability in the world.
> The new millennium posed a number of difficult
challenges to the partners with 9/11 and the wars
in Afghanistan and Iraq, financial crisis and a global
recession that exploded confidence in financial institutions,
economic policy and, ultimately, political
institutions, the effects of which are still felt today.
> However, it was the election of President Trump in
2016 that led to the most sustained divergence
across the entire spectrum of relations: from defence
and security to climate change and trade. It
has also exposed the structural features of a divide
which pose a more fundamental threat to the longterm
future of the transatlantic alliance.
> The present drift towards disconnection can only be
overcome by ensuring that common ground is
found and that all parties are comfortable with the
balance of rights and responsibilities. The European
Union could play a leading role in reinventing the
transatlantic relationship for the next generation by
seeking to achieve a reinvigorated transatlantic
partnership with the United States covering, in particular,
security, trade, and common approaches to
the emergence of a new global order
