Although Europe's public reaction to the Republican's return has been cautious, officials are on full alert over the implications for the European Union's economy if he delivers on his threats and slaps higher tariffs.
Ex-European Central Bank head Mario Draghi was tasked last year with preparing the economic report that EU chief Ursula von der Leyen will use to steer her next five years in office.
Draghi discussed his report with EU leaders Friday, for the first time since its publication in September, in talks Brussels hopes will eventually lead to concrete steps to reform the economy.
Draghi and von der Leyen both stressed the need to move fast following Trump's win.
This story is from the November 09, 2024 edition of Hindustan Times.
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This story is from the November 09, 2024 edition of Hindustan Times.
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Mukesh Aghi is the president and CEO of the US-India Strategic Partnership Forum (USISPF).
