Skip to Content Facebook Feature Image

EU reassesses transatlantic alliance as ties with US evolve: EU economist

China

China

China

EU reassesses transatlantic alliance as ties with US evolve: EU economist

2026-05-06 16:19 Last Updated At:18:07

Amid simmering trade tensions and growing political uncertainty, the European Union is increasingly reassessing the long-standing foundations of its alliance with the United States, as European leaders and analysts debate how to safeguard the bloc's strategic interests in a changing global landscape, according to a leading European economist in an interview with China Global Television Network (CGTN).

Fabian Zuleeg, chief economist and chief executive of the European Policy Center, said the adjustment reflects not only immediate disputes but also deeper structural shifts in the transatlantic relationship, with Europe seeking a more independent and self-reliant role in global affairs.

He noted that Europe's recalibration is part of a long-term trend, driven by evolving realities on the ground and a growing sense of maturity in European governance.

"What matters is what happens on the ground. What matters for Europe is the support for Ukraine. And what matters to Europe is the relationship between the United States and Europe when it comes to issue such as Greenland, which was a major shock for European countries. So, we are seeing a changing relationship to the U.S. Clearly, in part, this particular administration. Donald Trump is not the U.S. He's not going to be president forever, but there are also long-term structural changes. And I think the biggest change is really that the Europe has become more mature, that's become more responsible for its own issues," said Zuleeg.

EU reassesses transatlantic alliance as ties with US evolve: EU economist

EU reassesses transatlantic alliance as ties with US evolve: EU economist

Chinese stocks closed higher on Wednesday, with the benchmark Shanghai Composite Index up 1.17 percent to 4,160.17 points.

The Shenzhen Component Index closed 2.33 percent higher at 15,459.62 points.

The combined turnover of the two indices totaled 3.23 trillion yuan (about 470.64 billion U.S. dollars), up from 2.74 trillion yuan on the latest trading day before the May Day holiday.

Most stocks rose, with storage chip, semiconductor and computing power leasing sectors leading the gains, while oil and gas, tourism, banking and liquor shares were among the biggest losers.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 2.75 percent to close at 3,778.16 points Wednesday.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 3.75 percent higher at 2,023.66 points on Wednesday.

Chinese shares close higher Wednesday

Chinese shares close higher Wednesday

Recommended Articles