“Transatlantic Tensions, Oil Imports and Euro’s Ambitions in International Trade, IAI Commentaries”, Jesse Colzani (IAI, Italy)

Jesse Colzani, Transatlantic Tensions, Oil Imports and Euro’s Ambitions in International Trade, IAI Commentaries, 18:65, IAI, November 2018.

Europe is facing an arduous dilemma, caught between its continued reliance on the US as its major external ally and security provider and the growing realization that European interests may be gradually diverging from those of Washington.

The Trump administration’s criticism of Europe’s contribution to NATO, his unilateral withdrawal from the Iran nuclear deal and his imposition of US tariffs on trade with Europe have heightened tensions further. Some have begun questioning the future of the transatlantic alliance, and many more are exploring modalities to enhance the EU’s strategic autonomy from the US. (…)

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