Donald Trump's U.S. election win has left Europe scrabbling to work out how it will be able to contain — or counter — probable tariffs on its exports to the U.S.

A Trump victory may harm Europe's economy as proposed 10% US tariffs risk hitting European exports like autos and chemicals, eroding Europe’s GDP by up to 1.5% or about €260bn. Analysts warn of ECB rate cuts,

The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies.