# Is Europe losing its economic clout? | Counting the Cost

https://mins.news/en/video/82713

- Al Jazeera English, 2026-10-02 00:18 UTC
- Economy
- Original: https://www.youtube.com/watch?v=EpJAR_a6Uzw

> For decades, Europe depended on the United States for security and China for inexpensive goods, but it is now falling behind both. Tariffs, defence spending and Greenland are straining ties with Washington, while Beijing controls key supply chains and raw materials Europe still needs. Europe was absent when Donald Trump and Xi Jinping met last week, yet their decisions continue to affect the continent.

## Related coverage

- [Trump says situation in Europe so critical that it is being ‘eaten alive’](https://mins.news/en/item/82767) — TASS, 2026-10-02
