I wish Europe would just push back. More than what they are currently. There is so much potential there, but somehow the EU all look at the US as some form of idealogical father figure. Excuse the hyperbolic-talk.
The fact is that there is no potential there. Europe has no leverage over the US. It is not holding back anything, it has nothing. Somehow when the US went to war with Russia, it ended up completing the conquest of Europe. Europe used to just be stagnant. Now it is stagnant and isolated from everywhere except the US, and the US treats it accordingly.
- ASML
- Nukes
- Large proportion of US bonds
- One of the wealthiest and most profitable markets in the world
- The world's largest trade network - currently aggressively expanding into LatAm with the Mercosur deal despite Trump's Monroe 2.0 ambitions.
Just a few off the the top of my head. There's plenty leverage there.