US election: German companies fear Trump

German companies fear the consequences of a Trump presidency

German companies are increasingly worried about the consequences of a Donald Trump presidency, according to a new survey. The survey, conducted by the German Chambers of Commerce and Industry (DIHK), found that 60% of German companies believe that a Trump presidency would have a negative impact on the German economy.

The survey also found that German companies are particularly concerned about Trump's protectionist trade policies. Trump has threatened to impose tariffs on imports from China and Mexico, and he has also said that he would renegotiate the North American Free Trade Agreement (NAFTA).

Trump's policies would hurt the German economy

German companies are concerned that Trump's protectionist trade policies would hurt the German economy. Germany is one of the world's largest exporters, and its economy is heavily dependent on trade. Tariffs on imports from China and Mexico would increase the cost of doing business for German companies, and it would reduce demand for German exports.

Renegotiating NAFTA would also be harmful to the German economy. NAFTA has created a free trade zone between the United States, Canada, and Mexico, and it has helped to boost trade and investment between the three countries. If NAFTA is renegotiated, it could lead to higher tariffs and other barriers to trade, which would hurt German companies.

German companies are also concerned about Trump's foreign policy

In addition to his trade policies, German companies are also concerned about Trump's foreign policy. Trump has said that he would withdraw the United States from the Trans-Pacific Partnership (TPP), and he has also threatened to impose tariffs on imports from China. These policies would hurt German companies, which have invested heavily in the TPP and in China.

German companies are also concerned about Trump's stance on Russia. Trump has said that he would lift sanctions on Russia, and he has also praised Russian President Vladimir Putin. These policies would be seen as a threat to German security, and they would could damage relations between Germany and the United States.

Conclusion

German companies are increasingly worried about the consequences of a Donald Trump presidency. Trump's protectionist trade policies and his foreign policy would hurt the German economy. German companies are also concerned about Trump's stance on Russia, which could damage relations between Germany and the United States.