European countries emerge as NATO leaders as U.S. role recedes

President Trump attends a bilateral meeting with NATO Secretary-General Mark Rutte on the sidelines of the World Economic Forum annual meeting in Davos, Switzerland, on Jan. 21. Chip Somodevilla/Getty Images hide caption toggle caption Chip Somodevilla/Getty Images As President Trump seeks to wind down the war in Iran, the United States is facing not only economic fallout such as higher gas prices but also mounting geopolitical costs. …