German companies put millions in US election campaign: who benefits?

German companies put millions in US election campaign: who benefits?

The US election campaign 2024 breaks all borders-billions of billions are mobilized, and German companies also mix vigorously! Despite the risks of their global business, companies are not afraid to invest in American politics, which causes excitement with experts.

The requirement to the presidential candidates Trump and Harris is reinforced again by the immense high costs. The financing of your campaigns, which is mainly required for the payment of employees and extensive advertising measures, is done via so-called super-PACs. These mighty political campaign committees can accept the funds and private individuals unlimited as long as they do not cooperate directly with the candidates.

German companies show their presence

According to current analyzes, expenditure for external campaign financing has already risen to over $ 1.1 billion - almost twice as much as in the same period of the 2020 election cycle! Among the generous donors there are numerous subsidiaries of German companies that carefully contribute to the political events. The PAC of T-Mobile USA, which supports both Republicans and Democrats with a proud $ 803,000, supports $ 803,000. The BASF was involved in $ 328,500, while Fresenius Medical Care invested $ 204,500. Siemens and Bayer are also in the race with 204,000 and 202,591. Interestingly, these companies mainly tend to support Republican candidates. This could be due to the fact that Donald Trump is considered particularly company -friendly and promised tax cuts, which remains an attractive view for many companies. Names such as Allianz and Covestro also arise, although their donations are below the six -digit range.

The actual question remains: How far will this financial influence in US politics still go? The campaign machine is in full swing, and the German corporate world is a central part of this fascinating game.