Trump's return to power brings uncertainty for European leaders, but he is more likely to be a peacemaker than an arsonist. His administration means a different approach overseas, focusing on stabilizing conflicts in Ukraine, the Middle East, and Asia. Trump's team plans to clear the decks for a prolonged Cold War with China, which means ending the wars in Ukraine and the Middle East. In Ukraine, a peace deal is likely to be an imperial carve-up, while in the Middle East, Trump could restore the peace deal between Israel and four Arab states. In Asia, Trump will deepen cooperation with India and press American companies to move operations out of China.