July 25, 2018 / 8:34 AM / 5 months ago

Trump trade policy increases uncertainty among German firms -Ifo

MUNICH, Germany, July 25 (Reuters) - U.S. President Donald Trump’s “America First” trade policy is creating uncertainty among German businesses, with sentiment in the auto sector falling markedly in July, an economist at the Munich-based Ifo economic institute said on Wednesday.

“The uncertainty has increased noticeably,” Ifo economist Klaus Wohlrabe told Reuters.

Growth in the German economy, Europe’s largest, is being driven by a booming construction sector, in which sentiment in is the strongest since reunification in 1990, added Wohlrabe. (Reporting by Joern Poltz Writing by Paul Carrel Editing by Madeline Chambers)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below