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Donald Trump is bad news for German business

The Owner Press by The Owner Press
November 14, 2024
in Business News
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German bOSSES can’t catch a break. Since Russia’s invasion of Ukraine almost three years in the past their companies have been pummelled by surging power costs, slowing demand in China, stiffening competitors, fractious employees and a dysfunctional (although quickly to be ousted) authorities. Shares in German firms have risen by simply 3% because the begin of 2022, in contrast with 16% for these in wealthy nations as an entire (see chart). Now the nation’s CEOs are wringing their fingers over Donald Trump’s return to energy.



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