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Story perspectives

US Shifts to Extractive Foreign Policy, EU Urged to Adapt

8/6/2025

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Story summary
  • US foreign policy has transitioned to an extractive model, emphasizing resource extraction over multilateral cooperation.
  • Significant actions include reducing foreign aid, exiting international agreements, and implementing tariffs.
  • Europe is encouraged to create an inclusive international order to address these changes.
  • The EU needs to bridge the $60 billion gap from USAID cuts and enhance partnerships with democracies.
  • A renewed multilateral strategy is crucial to alleviate economic impacts from these policies.