Projections suggest a trade war with Donald Trump could hit GDP in the bloc's biggest economy, Germany, by 1.5 percent.
In the Biden era, the EU found an ally in its ambitions to reign in big tech, says Max von Thun, director of Europe and Transatlantic partnerships at the Open Markets Institute.
Many in Brussels would like that alignment to continue. Most Europeans defer to American search engines, scroll American social media feeds, and shop on American ecommerce sites.
There's longstanding concern that the dominance of the big five-Alphabet, Amazon, Apple, Meta and Microsoft-is stifling European competition and shortchanging consumers.
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