The Rest Is Politics: US

Podbit · The Rest Is Politics: US

198. Trump's War On Europe: No Way Back?

Explore episode Jun 22, 2026

Where this was said

Europe's Economic Leverage: The Cards Nobody Is Playing

At 18:10 · chapter starts 15:20

Kay makes a case that goes beyond diplomatic tone: Europe holds actual economic cards and is simply refusing to play them. The EU plus UK has a GDP roughly matching America's $26–$27 trillion. Europe is a massive market for American pharmaceutical products. NATO provides genuine security value to the United States. China understood this logic and played its rare earth card when it needed to. European leaders — and Kay explicitly includes Starmer — have instead been 'terrified' of matching Trump's aggression. She is not arguing for a trade war, but for a credible threat: the nuclear trade card kept in reserve, not deployed, but known to exist. Until European leaders are prepared to say 'we will look elsewhere,' they have no leverage whatsoever. Scarborough adds Canada's Mark Carney as a democratic-leader example: tough, not insulting, and slowly gaining Trump's grudging respect.

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