U.S. Ambassador Joe Popolo discusses economic diplomacy and transatlantic relations at Erasmus School of Economics

Ambassador Popolo shared perspectives on transatlantic relations, international trade, energy security, NATO cooperation and the economic partnership between the United States and Europe. Throughout the session, he stressed the enduring importance of the relationship between the United States and the Netherlands, highlighting both its historical foundations and present-day economic significance. ‘The Netherlands played a crucial role in financing the creation of the United States,’ Ambassador Popolo noted, referring to the long-standing ties between the two nations that date back to the era of New Amsterdam.

The Ambassador also emphasised the scale of the economic relationship between both countries, describing the United States as the largest foreign investor in the Netherlands, while noting that the Netherlands ranks among the largest investors in the United States. He pointed to the millions of jobs supported by trade and cooperation in areas such as technology, security and defence.

Effects of uncertainty

The lecture was followed by an interactive discussion moderated by student and EFR board member Christian Stevens, during which students engaged directly with the Ambassador on topics including trade policy, import tariffs, NATO responsibilities and global security challenges. Addressing a question on trade policy, Ambassador Popolo explained that import tariffs can serve multiple objectives, including generating government revenue, protecting strategic industries and promoting ‘free, fair and reciprocal trade.’ He also highlighted the effects of uncertainty on business decision-making. ‘Companies can deal with tariffs, but uncertainty makes planning almost impossible,’ he said.

The discussion also focused on NATO and the future of transatlantic security cooperation. Ambassador Popolo stated that while the United States remains committed to NATO, Europe will need to play an increasingly active role in its own defence. The event, that was initiated by Assistant Professor Julian Emami Namini, was attended by Rector Magnificus Jantine Schuit, Dean Patrick Groenen and Director of the Economics Department Niels Rietveld. Reflecting on the event, Julian Emami Namini highlighted the importance of maintaining dialogue during periods of international uncertainty. ‘Precisely in times of geopolitical tensions, it is important to keep talking to one another,’ he said.

Students responded positively to the session, particularly appreciating the opportunity for open discussion and direct engagement with current international issues.