No matter who wins, Europe’s economy is bracing for the outcome of the upcoming presidential election

Europe’s economy is bracing for impacts after this year’s U.S. presidential election no matter which candidate ultimately wins.

Two key policy areas are expected to be influenced. That includes trade policy and the share of rising security costs among NATO allies.

The United States market has only grown in importance for EU exports over the last several years, with the U.S. seeing more than double the share of EU goods than China.