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Time of India
20-05-2025
- Business
- Time of India
US tariffs dampen mood of global exporters, study shows
The wave of new U.S. tariffs has severely dampened the mood among exporters and 42% of companies now expect their export revenues to decline markedly, according to a global survey by Allianz Trade published on Tuesday. The credit insurer surveyed 4,500 exporters in Germany, France, Italy, Spain, Poland, Britain, the United States, Singapore and China about global trade in March and April, before and after the tariffs spiral on April 2. Before Donald Trump's 'Liberation Day', when the president announced new tariffs against almost all trading partners, only 5% of companies had expected their export revenues to decline. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Invertir $200 en Amazon CFD podría devolverte un segundo salario Undo "In stark contrast to the great optimism before 'Liberation Day', this year's Global Survey confirms what we're observing in all markets: uncertainty and fragmentation will be with us for a long time," said Aylin Somersan Coqui, CEO of Allianz Trade. Globally, export losses of $305 billion are expected in 2025, she added. Live Events Germany had been expected to be badly affected by tariffs due to its export-oriented economy. In Germany, 39% of respondents expect a decline in their export revenues following the tariff announcement. German exporters were significantly more concerned about geopolitical risks and protectionism (35%) than their counterparts in other countries (29%).


The Star
20-05-2025
- Business
- The Star
US tariffs dampen mood of global exporters, study shows
BERLIN: The wave of new U.S. tariffs has severely dampened the mood among exporters, and 42% of companies now expect their export revenues to decline markedly, according to a global survey by Allianz Trade published on Tuesday. The credit insurer surveyed 4,500 exporters in Germany, France, Italy, Spain, Poland, Britain, the United States, Singapore and China about global trade in March and April, before and after the tariffs spiral on April 2. Before Donald Trump's 'Liberation Day', when the president announced new tariffs against almost all trading partners, only 5% of companies had expected their export revenues to decline. "In stark contrast to the great optimism before 'Liberation Day', this year's Global Survey confirms what we're observing in all markets: uncertainty and fragmentation will be with us for a long time," said Aylin Somersan Coqui, CEO of Allianz Trade. Globally, export losses of $305 billion are expected in 2025, she added. Germany had been expected to be badly affected by tariffs due to its export-oriented economy. In Germany, 39% of respondents expect a decline in their export revenues following the tariff announcement. German exporters were significantly more concerned about geopolitical risks and protectionism (35%) than their counterparts in other countries (29%). - Reuters
Yahoo
20-05-2025
- Business
- Yahoo
US tariffs dampen mood of global exporters: Study
By Maria Martinez BERLIN (Reuters) -The wave of new U.S. tariffs has severely dampened the mood among exporters and 42% of companies now expect their export revenues to decline markedly, according to a global survey by Allianz Trade published on Tuesday. The credit insurer surveyed 4,500 exporters in Germany, France, Italy, Spain, Poland, Britain, the United States, Singapore and China about global trade in March and April, before and after the tariffs spiral on April 2. Before Donald Trump's 'Liberation Day', when the president announced new tariffs against almost all trading partners, only 5% of companies had expected their export revenues to decline. "In stark contrast to the great optimism before 'Liberation Day', this year's Global Survey confirms what we're observing in all markets: uncertainty and fragmentation will be with us for a long time," said Aylin Somersan Coqui, CEO of Allianz Trade. Globally, export losses of $305 billion are expected in 2025, she added. Germany had been expected to be badly affected by tariffs due to its export-oriented economy. In Germany, 39% of respondents expect a decline in their export revenues following the tariff announcement. German exporters were significantly more concerned about geopolitical risks and protectionism (35%) than their counterparts in other countries (29%). By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy


New Straits Times
20-05-2025
- Business
- New Straits Times
US tariffs dampen mood of global exporters, study shows
BERLIN: The wave of new US tariffs has severely dampened the mood among exporters and 42 per cent of companies now expect their export revenues to decline markedly, according to a global survey by Allianz Trade published on Tuesday. The credit insurer surveyed 4,500 exporters in Germany, France, Italy, Spain, Poland, Britain, the United States, Singapore and China about global trade in March and April, before and after the tariffs spiral on April 2. Before Donald Trump's 'Liberation Day', when the president announced new tariffs against almost all trading partners, only 5 per cent of companies had expected their export revenues to decline. "In stark contrast to the great optimism before 'Liberation Day', this year's Global Survey confirms what we're observing in all markets: uncertainty and fragmentation will be with us for a long time," said Aylin Somersan Coqui, CEO of Allianz Trade. Globally, export losses of US$305 billion are expected in 2025, she added. Germany had been expected to be badly affected by tariffs due to its export-oriented economy. In Germany, 39 per cent of respondents expect a decline in their export revenues following the tariff announcement. German exporters were significantly more concerned about geopolitical risks and protectionism (35 per cent) than their counterparts in other countries (29 per cent).


Reuters
20-05-2025
- Business
- Reuters
US tariffs dampen mood of global exporters, study shows
BERLIN, May 20 (Reuters) - The wave of new U.S. tariffs has severely dampened the mood among exporters and 42% of companies now expect their export revenues to decline markedly, according to a global survey by Allianz Trade published on Tuesday. The credit insurer surveyed 4,500 exporters in Germany, France, Italy, Spain, Poland, Britain, the United States, Singapore and China about global trade in March and April, before and after the tariffs spiral on April 2. Before Donald Trump's 'Liberation Day', when the president announced new tariffs against almost all trading partners, only 5% of companies had expected their export revenues to decline. "In stark contrast to the great optimism before 'Liberation Day', this year's Global Survey confirms what we're observing in all markets: uncertainty and fragmentation will be with us for a long time," said Aylin Somersan Coqui, CEO of Allianz Trade. Globally, export losses of $305 billion are expected in 2025, she added. Germany had been expected to be badly affected by tariffs due to its export-oriented economy. In Germany, 39% of respondents expect a decline in their export revenues following the tariff announcement. German exporters were significantly more concerned about geopolitical risks and protectionism (35%) than their counterparts in other countries (29%).