German Industry Fears Economic Fallout from Potential Trump Election Win

Nearly half of German industrial firms anticipate negative impacts if Donald Trump secures the U.S. presidency in November.

A survey by the Ifo Institute reveals 44% of German industrial companies expect economic challenges with a Trump victory.
Only 5% of surveyed firms foresee positive outcomes, while 51% believe the election result will not affect them.
Firms with strong U.S. ties are particularly concerned about potential negative consequences.
Despite concerns, 83% of companies do not plan to adjust their operations in response to a Trump win.
Experts warn that U.S. tariffs could significantly reduce German exports, exacerbating economic tensions.