For all the talk of “Trump-proofing” Europe, much remains to be done, and there are now only a few short months before the former president takes office again, following his dramatic comeback and resounding victory in the US election. We speak to Pierre Moscovici, who was European Commissioner for Economic and Financial Affairs during the first Trump presidency. He identifies three major areas where the EU is likely to face headwinds – Ukraine, trade and climate action. Moscovici is now First President of the Court of Auditors, which is the highest body for auditing the use of public funds in France. In that capacity, he addresses the challenge of reducing France’s huge public deficit.