Jared Isaacman

They think it's just for them.

And that is the fundamental misalignment here.

Europe needs to understand that, you know, firstly, I know there's a lot of hurt feelings, but this is how Trump has negotiated over the years.

It's very predictable.

He always starts with a maximalist, almost outrageous demands.

He, you know, he even mentioned, I think Greenland in his inauguration speech, and then he threatened.

Yeah, he did.

Um, and then he, he kind of threatened and then he, you know, if there's pushback, he escalates, it's kind of an escalation dominance.

And then finally, when all the chips fall, there will be a deal, um, which may bear little resemblance to the original demand, but you know, it will be hailed as a, some sort of a great victory.

And the Europeans in this case could come back and have some sort of a compact where most rights are actually granted to American companies, or it may be administered in the same way that the U.S.

has arrangements like this with free compact associations.

They have agreements with the Marshall Islands and several other places where it's de facto U.S.

ownership, but they still get to fly their flights.

Puerto Rico.

Yeah, exactly.

No, because Europe has just no leverage.

There are structural asymmetries to the transatlantic relationships.

Europe remains more dependent on the U.S.

for defense, energy.

You know, they've tried to pivot after pivoting away from Russia.