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Fortune
Fortune
Francesca Cassidy

Europe must take opportunity to 'dream bigger' if its to seize its innovation moment

(Credit: Courtesy of The White House)

Our geopolitical reality is changing. As the conversation between our editor-in-chief, Alyson Shontell, and President Donald Trump shows, a shift away from globalization and toward economic nationalism is well underway in the United States.

Since he resumed power in 2025, Shontell writes, “the president has been an evangelist for a healthy mix of new revenue streams generated by global tariffs and strategic equity investments.” From squeezing global trade partners to investing in struggling American businesses (such as Intel), President Trump’s protectionism is sending ripples across the rest of the world. Some of Trump’s policies have been stymied—notably, the U.S. Supreme Court has ruled that the legal rationale underpinning many of Trump’s trade levies was unconstitutional—but the overall impact is world-changing.

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