One year ago at the Munich Security Conference, U.S. Vice President J.D. Vance stunned Europe’s leaders with a public scolding that scarred the continent into thinking about a future without Washington’s embrace. On the latest episode of FP Live, I spoke with a group of leaders on the main stage at this year’s Munich summit to check the pulse of the trans-Atlantic relationship. Our session was titled “Tariff-fying Times”—an obvious play on the White House’s economic coercion—and guests included