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Friday, December 5, 2025

The economic peril of pivoting to Russia

The economic peril of pivoting to Russia

By Felix Salmon, and Neil Irwin, Axios 

As Donald Trump pivots away from Europe and toward Russia, he’s putting at risk the deepest and most important economic relationship in the world: that between the U.S. and Europe.

Why it matters: The U.S. economy has reaped enormous dividends from the way in which the U.S. government has provided a security guarantee to Europe. If that guarantee goes away, the dividends might, too.

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