The president-elect wants to introduce customs barriers that would penalize exports to the United States and lead to an influx of imports from China to Europe.
“ With Donald Trump’s victory, Europe must choose its futurewarns one business leader. Accelerate to stay in the race or drop out for good. “ The giants of the CAC 40 may adore the United Statesthe market that has been driving their growth for several years, and have become accustomed to cashing in macroeconomic and geopolitical turbulence that are testing their business model, their bosses have been quick to recognize the threat posed by Donald Trump’s return to the White House.
The president-elect has warned that he will would raise tariffs to 10% or 20% on all imported products, in order to encourage production on American soil. He will certainly pursue the policy of attracting foreign companies initiated by Joe Biden, with competitive energy costs, start-up aid and investment subsidies. But the cascading effects of the customs battle…