You also have to consider the longevity of your strategy. Trump might not care about the value function, but over the longer term the EU could make a bet that t

You also have to consider the longevity of your strategy. Trump might not care about the value function, but over the longer term the EU could make a bet that the US does and will, one way or another, return to leadership that does. And indeed, they seem to craft tariffs to cause that to happen faster.