EUnomics in the Age of Trump: Defense and Crypto Edition
“Living next to you is in some ways like sleeping with an elephant,” Pierre Trudeau, the late Canadian prime minister, told a Washington, D.C., audience in 1969. “No matter how friendly and even-tempered is the beast, if I can call it that, one is affected by every twitch and grunt.”
More than 50 years later, those words still ring true far beyond Canada. In just six months, President Trump’s second administration has pursued a dramatic overhaul of economic policies with seismic implications both in the US, the world’s biggest market, and for the nation’s trading partners and competitors abroad. Take, for example, the European Union.
Under pressure from Trump’s administration, members of the NATO defense…
