Trump's re-election could impact Europe's economy and trade relations
Donald Trump's re-election could lead to increased economic protectionism in Europe, particularly through higher tariffs on European exports. This may make European goods less competitive in the U.S. market and disrupt global supply chains, especially with China. Trump's foreign policy may reduce U.S. support for Ukraine and pressure NATO, forcing European nations to reconsider their defense spending. This could lead to budget strains and impact the ongoing conflict in Ukraine. The future of U.S. environmental policies is uncertain under Trump, who opposes the Inflation Reduction Act and climate change initiatives. This may hinder Europe's green transition and embolden critics of environmental policies across the continent.