Swabia looks spellbound on US elections: tariffs as the main brake block!

Swabia looks spellbound on US elections: tariffs as the main brake block!

Atlanta, Georgia, USA - The USA is an economic power center for the Swabian industry! A total of 600 companies from Swabia maintain active business relationships with the United States, and impressive 160 even have their own branches or produce on site. The eyes of the company bosses are banned on the upcoming presidential elections, while they long for fewer trade restrictions and tariffs - a clear message to politics!

Grenzebach and the USA: A hotly competitive market

The Maschinen farmer Grenzebach from Asbach-Bäumenheim is active in the politically explosive state of Georgia and has numerous customers in the United States. CEO Steven Althaus emphasizes that it makes no difference for his company to whether Trump or Harris is sitting in the White House. The focus is on rein industrialization and the desire for more added value in your own country. Grenzbach must be based on the needs of its customers, especially when it comes to supply chains.

Alexander Merenda from Gartner Extrusion sees the USA as a future market. His company, which produces aluminum profiles, has had a new sales representative in the United States since August. However, Merenda expresses concerns: In a victory of Trump, tariffs could threaten to endanger the business abruptly. In the meantime, the BWF Group from Offingen hopes for a democratic victory. Maximilian Offermann, a member of the management, describes the Democrats as "more sensible in economic policy". The trading tariffs represent the greatest hurdle for them, as they rely on the import of parts that have become exorbitantly expensive due to the increased tariffs.

The IHK warns of rough trade to the future

The IHK Schwaben warns that companies have to adapt to a rough international trade climate, no matter who wins the US elections. President Braun calls on the Swabian companies to focus on the European internal market and to conclude trade agreements with other partners. The United States remains by far the second most important trading partner for Bavarian companies, directly to China, and exports from Bavaria to the USA reached record heights in 2023!