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EU's Kallas says the bloc must stick together against Trump’s hostile tactics and that Washington seeks to divide European governments which wield less power individually, according to FT

Newsquawk Staff ·

EU's Kallas says the bloc must stick together against Trump’s hostile tactics and that Washington seeks to divide European governments which wield less power individually, according to FT.

What it means

The comments from EU's Kallas underline the geopolitical tensions between the EU and the U.S., suggesting a need for stronger unity among European nations against perceived divisive tactics from Washington. This could heighten market volatility, particularly for the euro and related currencies, as investors assess the implications for transatlantic relations and potential economic policies. Additionally, commodities and equities may react as geopolitical uncertainties often drive risk sentiment and asset allocation decisions.

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