2024-11-09 17:55:08
Politics
Economy

Uncertainty Looms Over Global Trade Post-Trump Victory

Trump's election introduces significant uncertainty for the global economy, particularly affecting Germany and India. His aggressive stance on trade could lead to increased tariffs, especially targeting nations with trade surpluses like Germany.

The German auto industry faces potential repercussions, as Trump's fixation on trade figures may escalate into a full-blown trade conflict. Meanwhile, India must navigate the complexities of its relationship with the U.S., as it remains heavily reliant on American markets.

With the potential for unpredictable decisions from Trump's administration, the EU is urged to strengthen its single market and prepare for possible retaliatory measures. Investors remain cautious, hoping that a trade war will be avoided, yet the risk of erratic policy-making persists.

focus
8. November 2024 um 13:13

Trade - Economic Wise: Trump's Election 'Not Good News' for the German Economy

Economy
Politics
Trump's victory means uncertainty for the German economy due to more erratic decisions and the risk of tariff increases, even on imports from China; Germany's trade surplus with the USA could make Trump a target; Trump's fixation on trade figures could lead to escalation; The EU must strengthen the single market and advance the Capital Markets Union to reduce dependencies and, if necessary, respond with an anti-coercion instrument; the US budget deficit and inflation could burden the stock mar..
Deutsche Welle
9. November 2024 um 09:43

India: Concerns about Trade after Trump's Triumph

Politics
Although the strategic course of Indo-American relations under Trump is likely to continue without major deviations, India must pragmatically deal with possible trade disputes, as the USA is India's largest export market.
The Guardian
9. November 2024 um 15:00

‘Tariff man’ Trump puts Britain in firing line of new global trade war

Economy
Politics
Finance
Investors expect Trump to use tariffs as negotiating ploy, not fully implement; asset manager BlueBay's chief investment officer Mark Dowding believes US will avoid full-scale trade war.
DER SPIEGEL
9. November 2024 um 16:02

Donald Trump: Why the German automotive industry must tremble - DER SPIEGEL

Politics
Economy
Donald Trump, the next US president, has Germany and its automotive industry in his sights. New punitive tariffs could accelerate the relocation of production to the USA.
CW

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