The second day of the Munich Security Conference focused on transatlantic relations, international conflicts, and the situation in Ukraine. The event was marked by an anticipated speech from US Secretary of State Marco Rubio, which addressed the United States' position in the world. Rubio's comments came alongside a conversation with Chinese Foreign Minister Wang Yi, emphasizing China's growing influence in global affairs and the need for cooperation between major powers amidst rising tensions.

German Chancellor Friedrich Merz opened the conference with a speech described as 'historic', stating that the post-Cold War world order based on rules 'no longer exists' in its former structure. He criticized US foreign policy under former President Trump, arguing that the US is not powerful enough to act unilaterally and that American leadership has been 'challenged and perhaps dissipated'. Merz's remarks highlighted the existing transatlantic rift, echoing sentiments expressed by other European leaders during the conference who called for a reevaluation of Europe’s role in global politics.

The discussions underscored a significant shift in global power dynamics as Europe grapples with its identity and responsibilities in the face of evolving challenges, particularly regarding its relationship with the US and China. The emphasis by both US and European leaders on the need for a strong Europe reflects a growing recognition that Europe must play a more autonomous role in global affairs, promoting stability and cooperation in a multipolar world. The conference serves as a platform for leaders to reassess their strategies as geopolitical tensions continue to rise across various fronts, including the ongoing conflict in Ukraine.