Pension funds in Austria: Trump-Zölle press the minus!

Pension funds in Austria: Trump-Zölle press the minus!

Österreich, Österreich - The pension funds in Austria recorded a minus of 0.72 percent in the first quarter of 2025. This development is influenced by several factors, including the customs measures by US President Donald Trump, the persistent weakness of the euro zone and the real estate crisis in China. Despite these declines, the pension funds show remarkable robustness in a challenging economic environment. Andreas Zakostelsky, chairman of the specialist association of pension and pension funds in the WKÖ, emphasizes that pension funds rely on a long-term investment strategy that has already made it possible for you to perform 5.03 percent over the years. Since 1991 they have generated an increase in value of 15.28 billion euros for their customers, and their goal remains to improve performance in the further course of the year.

Geopolitical developments, especially the tariffs introduced by Trump, exert pressure on many European companies. According to the LGT , companies in the USA are more advantageous, while foreign producers have more to suffer from customs. Trump has announced plans for the reintustrialization of the US economy, which includes strong import duties as well as deregulation and tax cuts. The automotive industry in particular could be affected by the higher tariffs that are promised for many large trading partners in the United States.

The effects on trade relationships

The tariffs that have already been raised to Chinese imports and which could be extended to other countries such as Mexico and Canada in the future could significantly change the trading structure. The Capital Group indicates that the tariffs could also be used as a negotiation tactic, which could possibly lead to a suspension or reduction of the tumbling. Nevertheless, it remains unclear how long the measures will last, and forecasts about their effects are difficult due to the uncertain economic situation.

The customs increases could be particularly problematic for countries such as Canada and Mexico, which are strongly dependent on export to the USA. While the economic pressure on the pension funds in Austria remains noticeable, the customs increases could also result in new investment opportunities. Companies that produce locally in the United States are better prepared against the customs loads.

Overall, there is a complex picture of the economic challenges that are influenced by political decisions in the United States. While the pension funds in Austria could hardly see a positive development in the first quarter of 2025, it remains to be seen how global trade relationships and tent policy under Trump will affect the markets of the next few months. The long -term strategy of the pension funds could be crucial for securing the income of its customers in this phase.