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European wind power stocks fell on Wednesday after U.S. President-elect Donald Trump said he would try to ensure that "no windmills" are built on his watch, criticising the sector less than two weeks before he is due to take office.

"We're going to try and have a policy where no windmills are being built," Trump told reporters Tuesday. The Danish wind turbine manufacturer Vestas and wind developer Orsted fell nearly 7% Wednesday in the wake of Trump's remarks.

Wind energy is one of the fastest growing and cheapest forms of electricity in the United States. The president-elect calls it “garbage.”

President-elect Donald Trump says wind farms off the Massachusetts coast are “driving the whales crazy,” and his administration will look to enact a policy that halts the development of the “garbage” energy source.

During his presidential campaign, Donald Trump signaled support for ending the decades-long practice of taxing Social Security benefits on several occasions. "Seniors should not pay tax on Social Security,