Join Investment IQ for free today
Sign up for free and get access to thousands of financial insights and articles curated by our expert team
Benefits:
- Signup once to gain access
- Completely free membership
- Carefully curated content
- Browse thousands of articles
- Search content easily
- Friction-free access
European automotive and pharma stocks brace for Trump’s policies
- Investment Management
-
Visit
- 11.11.24
-
Donald Trump’s return to the presidency brings potential trade changes that may impact European automotive and pharmaceutical companies. Proposed tariffs could affect exports from the EU to the US, with automotive manufacturers facing immediate revenue challenges due to the high proportion of sales linked to the American market. While some automakers maintain production capacity in the US, others may consider costly long-term shifts in production. The pharmaceutical sector could see similar pressures, though critical demand and existing US investments offer some insulation. These developments...