Trump resolutions endanger German trade: Amcham President warns!

Trump resolutions endanger German trade: Amcham President warns!

Osnabrück, Deutschland - Osnabrück - alarm bells ring! Simone Menne, the President of the American Chamber of Commerce in Germany, urges Donald Trump's re -election. According to her, the return of the former president could not only heavily burden the trade relationships between Germany and the USA, but also bring numerous European companies into trouble.

In a startled interview with the "Neue Osnabrücker Zeitung" (NOZ), Menne expressed her greatest concern: Trump's threat of increasing tariffs could significantly exacerbate the economic environment. "What Trump already expresses very openly, namely to increase tariffs," says volumes about the upcoming difficulties. Memories of the turbulent trade period during his term are awakened when hard penalty tariffs in productions such as Harley-Davidson and Jägermeister caused excitement. Menne also describes Trump as a "dealmaker", which nevertheless did not take a back on the confrontational course.

a return to business?

Despite the gloomy predictions, Menne does not believe in a radical change of course within US economic policy, even if Trump should move back to the Oval Office. "We do not assume that everything will be turned back under a new president," says Menne, who points out that many Republican states have benefited from programs such as "Inflation Reduction Act".

The tense situation associated with Trump's potential re -election remains a hotly discussed topic in the economic world. Companies and investors look worried about the impending customs increases and their consequences. Time is pushing and tensions grow. Will Trump come back to breathe new life into old trade disputes? Only the time will show it!