EU leaders would be wise to work with Trump 2.0 on reindustrialisation, whatever differences they may have on Ukraine and bilateral trade. The concentration of fighting capability and industrial capacity in the anti-Western axis is the major threat to Europe’s security.

Under Trump, the US commitment to European defence and NATO is under question. The EU should work to ensure the American presence endures while also taking up a greater burden of the continent's defence in cooperation with the alliance. We suggest where to start.