Trump on brink as Europe plans ‘nuclear option’ if US sells out Ukraine
Trump has fuelled fears among European politicians that the White House is preparing to sacrifice the continent’s security in exchange for US economic gain.
Share Article
By John Varga, World News Reporter
Starmer and Trump agree to work together on Ukraine plan
DeeperDive
Which EU nation is ‘soft underbelly’?
How much US debt do EU/UK hold?
Which EU nation is ‘soft underbelly’?
What impact did Kyiv attack have?
European states are considering adopting the “nuclear option” of sinking the US economy, if Donald Trump sells out Ukraine and endangers security on the continent. Talks between US and Ukrainian officials continued on Sunday in Miami, as both sides attempt to thrash out a peace deal.
The US Secretary of State Marco Rubio and Trump’s Russia envoy Steve Witkoff attended the meeting, along with the US President’s son-in-law Jared Kushner. Following the “fragile” talks, the US President told reporters on board Air Force One that there was “a good chance we can make a deal”. However, European leaders remain suspicious that Trump is rushing towards a geopolitical deal with Vladimir Putin, while paying little heed to the security concerns of NATO allies.
DON’T MISS
Powered by 
WW3 fears erupt as Putin’s stooge issues chilling threat over ‘crazy’ Europe’s £80bn plan
Fox News halted for breaking Donald Trump alert as viewers slam ‘hoax’ claim
Donald Trump causes a storm with contradictory claims about China’s Xi
The EU is an embarrassment – yet Brexit Britain is being told it’s a success story
Russia sends horror threat to ‘assassinate’ EU President – ‘The new Hitler’
Best savings accounts and Cash ISAs for December paying up to 7.5% interest
Ryanair makes huge change as major destination set to double tax for fliers
Bank offers ‘market leading’ 7% interest savings account
NS&I issues update over Premium Bonds £1million prizes
Savings mistake that could cost you £992 a year – 56% of savers falling into trap
Mortgage price war ‘100% official’ say brokers as banks rush to slash interest rates
Top 10 ways the public believes small businesses can thrive in challenging times
16 million Brits making 1 credit card mistake costing ‘thousands’
Donald Trump’s damning ‘jerk and a loser’ verdict leaves Fox News reeling
Reeves ‘hiding £1.3tn debt mountain’ in Budget: ‘our grandchildren will be paying’
Building Society offers competitive 7% interest savings account
HSBC issues verdict on Bank of England interest rates decision
Pensioners enjoying best ‘income for life’ deals after rate surge
Rachel Reeves’ major Budget blow after ‘sharpest fall in years’
HMRC ‘get your tax right’ alert to anyone with a side hustle
WW3 fears erupt as Putin’s stooge issues chilling threat over ‘crazy’ Europe’s £80bn plan
Fox News halted for breaking Donald Trump alert as viewers slam ‘hoax’ claim
Donald Trump causes a storm with contradictory claims about China’s Xi
The EU is an embarrassment – yet Brexit Britain is being told it’s a success story
Russia sends horror threat to ‘assassinate’ EU President – ‘The new Hitler’
Best savings accounts and Cash ISAs for December paying up to 7.5% interest
Ryanair makes huge change as major destination set to double tax for fliers
Bank offers ‘market leading’ 7% interest savings account
NS&I issues update over Premium Bonds £1million prizes
Savings mistake that could cost you £992 a year – 56% of savers falling into trap
Mortgage price war ‘100% official’ say brokers as banks rush to slash interest rates
Top 10 ways the public believes small businesses can thrive in challenging times
16 million Brits making 1 credit card mistake costing ‘thousands’
Donald Trump’s damning ‘jerk and a loser’ verdict leaves Fox News reeling
Reeves ‘hiding £1.3tn debt mountain’ in Budget: ‘our grandchildren will be paying’
Building Society offers competitive 7% interest savings account
HSBC issues verdict on Bank of England interest rates decision
Pensioners enjoying best ‘income for life’ deals after rate surge
Rachel Reeves’ major Budget blow after ‘sharpest fall in years’
HMRC ‘get your tax right’ alert to anyone with a side hustle
WW3 fears erupt as Putin’s stooge issues chilling threat over ‘crazy’ Europe’s £80bn plan
Fox News halted for breaking Donald Trump alert as viewers slam ‘hoax’ claim
Donald Trump causes a storm with contradictory claims about China’s Xi
The EU is an embarrassment – yet Brexit Britain is being told it’s a success story
Russia sends horror threat to ‘assassinate’ EU President – ‘The new Hitler’
Best savings accounts and Cash ISAs for December paying up to 7.5% interest
Ryanair makes huge change as major destination set to double tax for fliers
Bank offers ‘market leading’ 7% interest savings account
NS&I issues update over Premium Bonds £1million prizes
Savings mistake that could cost you £992 a year – 56% of savers falling into trap
Mortgage price war ‘100% official’ say brokers as banks rush to slash interest rates
Top 10 ways the public believes small businesses can thrive in challenging times
16 million Brits making 1 credit card mistake costing ‘thousands’
Donald Trump’s damning ‘jerk and a loser’ verdict leaves Fox News reeling
Reeves ‘hiding £1.3tn debt mountain’ in Budget: ‘our grandchildren will be paying’
Building Society offers competitive 7% interest savings account
HSBC issues verdict on Bank of England interest rates decision
Pensioners enjoying best ‘income for life’ deals after rate surge
Rachel Reeves’ major Budget blow after ‘sharpest fall in years’
HMRC ‘get your tax right’ alert to anyone with a side hustle
READ MORE: Putin to meet Trump envoy hours after Russia’s weekend bombardment of Ukraine
READ MORE: Trump makes major MRI results update amid health fears
Donald Trump is facing a furious European backlash (Image: Getty)
The latest news from around the world Subscribe
We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy
Donald Trump meets European leaders at a G7 meeting (Image: Getty)
The Wall Street Journal reports a European intelligence service has circulated internal assessments about “commercial and economic plans” the Trump team has been exploring with Russia behind closed doors.
This has reportedly fuelled fears among European politicians that the White House is preparing to sacrifice the continent’s security in exchange for its own economic gain.
Sources told the WSJ that European leaders are considering adopting extreme countermeasures in retaliation, designed to unleash economic chaos in the US.
The alleged plan involves dumping trillions in US government debt owned by European states.
A rapid sell off would likely cause a crash in the value of the US dollar, create a liquidity criss across the banking system and cause a huge spike in borrowing costs. It would also lock the American financial sector into a paralysis more severe than the 2008 crisis.
A leading European economist told the WSJ described the plan as a potential financial whiplash that could hit the US harder than any external shock in modern history.
Most Popular Comments
Join The Debate
1st38Most liked comment • over 1 day ago“Will our politicians have the balls to even threat US to dump bonds ? I suspect no because they have …”Read • Reply
2nd27Most liked comment • over 1 day ago“America is a super power, Brussels is a minor talking shop. “Read • Reply- 3rd25Most liked comment • over 1 day ago“I wish the UK would stop aligning with the EU . Ultimately I prefer …”Read • Reply
The political consequences would likely be disastrous for Trump and the Republicans as the midterm elections approach next year.
The EU and the UK are among the largest holders of US Treasury securities (US debt), which gives them significant potential economic leverage.
As of December 2024, the United Kingdom holds an estimated $722.7 billion in US debt.
The European Union member countries collectively hold an estimated $1.62 trillion.
Combined, this is approximately $2.34 trillion, making the EU/UK bloc one of the single largest foreign holders of US debt.
