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Indeed, however much they dislike the idea, every U.S. president has to wear the free world’s sheriff’s badge. For Europeans to think otherwise is to sleepwalk into a freezing morning shower when the next U.S. president makes the first move Europe does not like. But rather than whining endlessly, London—together with Paris and Berlin—could take the initiative and define a new Euro-Atlantic community that would join the United States, Canada and most of Europe’s nations, both in and out of the European Union....