Eco Week Ahead

Europe Gauges Fallout From Trump’s Year of Trade Chaos

Bound aluminum plates ahead of shipping at an aluminium smelter near Dunkirk, France. — Bound aluminum plates ahead of shipping at an aluminium smelter near Dunkirk, France.
Photographer: Nathan Laine/Bloomberg

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By Craig Stirling

November 15, 2025 at 9:00 PM UTC

Updated on

November 16, 2025 at 8:59 AM UTC

European Union officials may cut growth forecasts for 2026 in the coming week in an assessment of damage to the region’s economy, a year after Donald Trump won back the White House.

The outlook to be released in Brussels on Monday will point to the cumulative impact of trade threats and higher tariffs imposed by the US, along with the challenges of persistent weakness in Germany and political turmoil in France.