Europe Braces for Trump: ‘Worst Economic Nightmare Has Come True’

With the potential for a tariff war and economic uncertainty stemming from the new U.S. administration, European industries such as automotive and pharmaceuticals that rely heavily on exports may experience significant downturns. The overall sentiment suggests a bearish outlook for these sectors, which could lead to a decline in related European stocks and ETFs.

Given the anticipation of raised military spending and a chilling effect on investments in Europe, the European economy could face a downturn. Investments in European-focused funds or stocks may suffer as overall economic risks increase. Foreign investors may also withdraw in light of increased uncertainties, potentially affecting both local and export markets.