Dutch Bank: Trump's election victory will cause a significant decline in Eurozone exports, posing challenges to economic growth

Analysts from the Dutch bank (ABN Amro) stated in a report that Trump's election victory could pose challenges to the economic growth of the Eurozone. Imposing tariffs on imported goods may lead to a decline in Eurozone exports, affecting its growth prospects. ABN Amro said: "A universal tariff of 10% will cause a significant drop in Eurozone exports and have an impact of 1.5 percentage points on Eurozone growth over the next few years."