European stock markets, initially buoyed by Donald Trump’s election victory, ended the day in decline. The AEX index fell nearly 1% as investors shifted their sentiment amid concerns over potential U.S. trade tariffs that could negatively impact European companies, particularly auto manufacturers. Despite positive responses in the U.S. markets, where the Dow Jones climbed, European business leaders emphasize the importance of maintaining strong ties with the U.S. for economic stability. The impact of Trump’s trade policies remains uncertain, prompting cautious optimism among industry representatives.