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EU’s top business group fears Trump win will harm green exports

Europe's largest business organization, BusinessEurope, is expressing concern over the potential impact of a Donald Trump victory on green exports from the EU. The organization fears that Trump's proposed tariffs on foreign imports, including eco-friendly goods, could severely restrict European companies' access to the U.S. market. This would add pressure on European firms to compete with Chinese producers, particularly in sectors like electric vehicles and green energy technologies. The EU is already grappling with a negative trade balance in green energy, as solar panel imports continue to exceed exports. European officials are reportedly preparing contingency measures to protect the EU's economic interests and prevent disruptions to transatlantic trade.

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