The EU is in Donald Trump’s cross hairs. So how should it respond? In this week’s episode, Paschal Donohoe, Ireland’s finance minister and president of the Eurogroup of finance ministers, discusses whether the euro can challenge the dollar. He tells Gideon that European integration should go even further - and makes the case for immigration and a new relationship between the EU and the UK.

Clips: Euronews,PBS Newshour

Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachman

More on this topic:

Why the EU beats Trump at the art of the deal

How the UK and EU thrashed out a post-Brexit reset in relations

Donald Trump says US will ‘100%’ strike trade deal with EU

Euro has ‘clear path’ towards greater reserve currency use, says Eurogroup president

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Presented by Gideon Rachman. Produced by Clare Williamson. Sound design is by Breen Turner and the executive producer is Flo Phillips.

Read a transcript of this episode on FT.com

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Is Trump a threat or an opportunity for the EU?

The Rachman Review