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Story perspectives

Middle Powers Unite Against U.S. Influence Amid Market Surge

2/12/2026

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Story summary
  • U.S. President Donald Trump's policies prompt middle powers to pursue strategic autonomy.
  • Financial markets respond positively, with increased interest in non-U.S. equities, energy stocks, and defence stocks.
  • Canadian Prime Minister Mark Carney emphasized collaboration among middle powers to counter U.S. dominance.
  • Recent trade agreements, such as the EU's with India and Mercosur, are expected to take time to impact global supply chains.
  • Europe is considering a multi-billion-euro fund for defence projects.