![]() After all, when the world’s largest economic power pursues a protectionist course, the repercussions will be felt all around the globe. But if Donald Trump were to implement the measures he put forward during his campaign, he would first and foremost put his own country in harm’s way. “Of course, we respect the outcome of this democratic election. While VDMA is currently not expecting an immediate increase in import tariffs on German mechanical engineering products, it stands to reason that Donald Trump’s protectionist stance would have a significant impact on the investment climate in the USA and, as a result, on machinery exports from Germany. During his campaign, Donald Trump, the next president of the United States, announced his intention of pursing a complete reversal in American trade policies and that he plans to reinstall tariffs and other trade barriers. ![]()
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