Trump's election victory raises trade concerns in Europe, warns former EU commissioner
Donald Trump’s election victory has raised concerns in Europe about potential tariffs on imports. He has promised tariffs of 10-20% on goods from Europe and may reconsider U.S. support for Ukraine, according to former EU trade commissioner Cecilia Malmstrom. European leaders, including French President Emmanuel Macron and German Chancellor Olaf Scholz, congratulated Trump and expressed a desire to work together. They emphasized the importance of a strong transatlantic relationship amid the changing political landscape. Malmstrom warned that small economies like Ireland could be particularly affected by Trump's trade policies. She noted that the EU must be prepared to respond quickly if tariffs are imposed.