The United States is the biggest trading partner for the European Union and Britain, whose economy could be at danger from the president-elect’s plans. The prospect for Europe’s market has been disappointing. Next week— after Donald J. Trump’s presidential election — it got worse. Strong uncertainty about the Trump administration’s policies on business, systems, Ukraine, climate change and more is expected to shiver funding and hamstring development. Major industries like those in cars, pharmaceuticals, and machinery would be affected by the US’s potential tariff war, which would be the biggest trading partner and closest ally of the European Union and Britain. Additionally, raising military spending would put strain on the nation’s budgets and lead to more deficits. In addition, the president-elect’s more confrontational attitude toward China could pressure Europe to pick sides or face retribution. ” Europe’s worst economic nightmare has come true”, said Carsten Brzeski, chief economist at the Dutch bank ING. The developments, he warned, could push the eurozone into” a full-blown recession” next year. With political turmoil in Germany and France, Europe’s two largest economies, this latest blow could hardly come at a worse time. The article content is retrievable with difficulty. In your browser’s settings, kindly enable JavaScript. Thank you for your patience while access is verified. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times. Thank you for your patience while access is verified. Already a subscriber? Log in. Want all of The Times? Subscribe.