January 20, 2025
American firms in Europe fear the deterioration of relations with the arrival of Trump thumbnail
Economy

American firms in Europe fear the deterioration of relations with the arrival of Trump

Nine out of 10 American firms operating in Europe believe that transatlantic economic relations will worsen in the coming years, and the main reason for this is the expected policies of the new US President Donald Trump, in particular tariffs.”, — write: epravda.com.ua

Nine out of 10 American firms operating in Europe believe that transatlantic economic relations will deteriorate in the coming years, and the main reason for this is the expected policies of the new US President Donald Trump, in particular tariffs. Reuters writes about it. The American Chamber of Commerce in the European Union (AmCham EU), which has more than 160 members including Apple, Goldman Sachs, Meta and Visa, said its survey found that two-thirds of respondents expect US policies to hurt their business in Europe in the near future. years Some 52% said they expected a negative impact from EU policies.Advertisement: A poll of 58 US-controlled member states between January 6 and 14 found that 84% named tariffs and trade policy as a top priority for transatlantic cooperation. , followed by supply chain sustainability and the energy transition. The vast majority of companies said Europe was crucial to their operations and called on the EU and the US to join forces to reduce regulation, lower trade barriers and strengthen regulatory cooperation. Three-quarters of companies surveyed said they “very much” or “extremely” support the Paris climate accord, which Trump is expected to withdraw from. Only 2% do not support it.Advertisement: We remind you: US President-elect Donald Trump does not rule out maintaining Chinese ownership of TikTok, if measures are taken to ensure the protection and storage of American users’ data in the US.

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