The eU owes thanks to Trump. The eU now has, after 20 years of negotiating, signed the Mercosur treaty with South American nations. Assumign that it is a question of time only until resistence from France and some others to ratify it will end, a big economic no tarriffs trading zone with over 718 million people and a GDP of 22 trillion. The US GDP 2023 was 27 trillion, so this Mercosur union is not just a lightweight mini player.
And Mercosur will stay once Trump has left. So will the redirrected inestments that once went form Europe to the US, and now go form Europe to Latin America.
Just recently the free trade treat between Mexico and the EU was renwed and modenrized, worth 82 bn .
Trump now has announced customs duties for the Eu will be raised to 25%. The EU does not blink but announced that it will immediately react with targeted retaliation custom duties, bigger in volumes than four years ago.
Alienate your former partners and make them your angry opponents instead, and they will turn away and find other partners. At your cost. And again, Trump sooner or later is history. Former partners will not automatically return then.
As a carnivore I hope for a lowering of prices for Argentine beef.
Europeans become - due to ideological-political circumstances - too dumb to raise cattle themselves cost-efficiently anymore, regulation tries to ruin the meat industry and turn people into vegans and insectoid dirt-eaters, prices become insane, and availability drops. I hope Mercosur changes that. The huge and diverse meat supply on display at the huge Cosco markets that Dr. Berry or Steak and Butter Gal occasionally show in their video podcasts is something we can only dream of in Germany.