<p>The US relationship is stabilising, but how will Europe face up to Russia and China if President Le Pen is in power?</p><p>I addressed a group of more than 100 European ambassadors recently on the big challenges facing the continent this year and next. My main point to these senior diplomats was that, perhaps counterintuitively, Europe’s biggest external challenges over the next 12 months will come from Russia and China, rather than the US.</p><p>Europe’s relationship with Trump’s America rem