In a speech last week, Biden Administration National Security Advisor Jake Sullivan outlined the "New Washington Consensus," a new path forward for US domestic and foreign policy focused on targeted industrial strategy. The significant remarks came off the heels of the passage of the Inflation Reduction Act—whose market-transforming provisions have sent shockwaves across the globe.

How will this vision play out in practice, and how is it already impacting relations with major US trade and security partners—particularly in Europe?

Join le Grand Continent and Phenomenal World for a discussion on Europe and the IRA.