Our World in 2018

EUROPE’S FUTURE
US President Donald J. Trump (R) and Chancellor of Germany Angela Merkel (L) hold a joint press conference in the East
Room of the White House in Washington, DC, USA, 17 March 2017.
EPA
The Future of Transatlantic Relations
By David McAllister
One year into Donald Trump’s
presidency, the question
of how US foreign policy
will further develop remains
unanswered. His “America First”
slogan, his comments on US alliance
commitments, his suspicion of free
trade, the withdrawal from the
Paris Climate Agreement or the
constant rhetorical questioning of the
commonly negotiated Iran Nuclear
Deal have caused some tension in
the transatlantic relationship.
Nevertheless, the transatlantic
partners continue to share vital
interests and face common threats.
These threats, whether they are
security-related, economic or other,
are so numerous and diverse that
neither the United States nor the
European Union can adequately
address them alone. Thus, we have
to continue building upon the strong
foundation of our common values
to strengthen our relationship in
.
The EU and the US are each other’s
most important partners. A strong
transatlantic bond is crucial for us
and for the world.
Economic growth
The European Union and the United
States enjoy the most integrated
economic relationship in the world.
Total US investment in the EU is three
times higher than in all of Asia. EU
investment in the US is eight times
24 2018 | OUR WORLD