Former Italian Prime Minister Mario Draghi spoke at the EU summit in Budapest about the fresh dynamics following Donald Trump’s election in the U.S. He emphasized that while Trump is likely to boost innovative sectors and safeguard traditional industries, the EU must negotiate collectively to protect European producers. Draghi also addressed NATO defense spending, suggesting the need for decisions that respect stability agreements. He urged for unity within Europe to effectively respond to potential trade conflicts with the U.S., advocating for collaborative negotiation strategies to safeguard European interests.