Europe Lauds Trump Victory, Underscores Interests, Concerns

European leaders extended congratulations to Donald Trump after he secured victory in the U.S. presidential election. While expressing willingness to cooperate, European leaders also conveyed a strong commitment to defending Europe’s interests amid uncertainties over Trump’s stance on NATO, trade, and Ukraine.

Trump’s Win Sparks Concerns Over Trade and Security

Trump’s victory has stirred unease among European officials, who remember the strained transatlantic relations from his previous term. French President Emmanuel Macron congratulated Trump and expressed readiness to work together, saying, “With respect and ambition. For more peace and prosperity.” Macron later emphasised collaboration with German Chancellor Olaf Scholz to protect European interests and values.

Trade relations may face challenges, as Trump warned last month that the EU would “pay a big price” if it did not increase purchases of U.S. goods. European Commission President Ursula von der Leyen urged that trade stability benefits both sides, highlighting that “millions of jobs and billions in trade and investment” rely on transatlantic ties.

Trump’s recent proposal of a 10% tariff on imports, and 60% on goods from China, has raised alarm in Europe. Economists warn that these tariffs could disrupt global supply chains, impact European exports, and trigger retaliatory tariffs. A Barclays analysis has cautioned of possible “high single-digit” declines in European earnings if trade conflicts reignite.

NATO and the Ukraine Conflict Under Scrutiny

European leaders also voiced concerns about Trump’s ambivalent stance on NATO and the Ukraine conflict. While NATO leaders such as Mark Rutte extended congratulations to Trump, many expressed a need for Europe to shoulder more of its own security responsibilities.

Ukraine remains a contentious issue, with Trump criticising U.S. support for Ukraine and promising to end the conflict swiftly without providing specifics. Ukrainian President Volodymyr Zelenskiy offered praise, while Hungary’s Prime Minister Viktor Orban enthusiastically celebrated Trump’s win, calling it “a much needed victory for the World.” Orban has previously urged Europe to reconsider its Ukraine support, signalling a potential rift within the EU.

The European Political Community will meet in Budapest on Thursday to discuss a coordinated response to Trump’s election, with trade, security, and Ukraine at the top of the agenda. Experts predict potential divisions within the EU, with Eurointelligence noting, “Europe is not prepared for the economic impact of higher tariffs, the likely U-turn on Ukraine, and defence spending ultimatums.”

Far-Right Support Grows Across Europe

Trump’s victory also gained support from European far-right figures. Alice Weidel, co-leader of Germany’s Alternative for Germany, lauded the result as a “vote against mass migration” and “economic decline.” Dutch far-right leader Geert Wilders echoed similar sentiments, celebrating Trump’s win as a success for both America and the world.

As Europe braces for potential shifts in U.S. policy under Trump, leaders appear determined to uphold European interests, even as political divisions emerge.

(With Inputs from Reuters)