The EU’s “illusion” of geopolitical might has “evaporated,” Mario Draghi has said
US President Donald Trump has delivered a “brutal wake-up call” to the EU, shattering the bloc’s illusion of geopolitical power rooted in its economic might, ex-Italian Prime Minister and former European Central Bank chief Mario Draghi has said, warning that the bloc must undergo major reforms to remain relevant.
Trump has pressured the bloc’s NATO members to boost military spending, forced Brussels into a new trade deal that imposes a 15% tariff on most EU exports, scraps duties on US industrial goods, and opens wide market access to American products.
The deal…
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