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US tariffs dampen mood of global exporters, study shows
US tariffs dampen mood of global exporters, study shows

Time of India

time20-05-2025

  • 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%).

US tariffs dampen mood of global exporters, study shows
US tariffs dampen mood of global exporters, study shows

The Star

time20-05-2025

  • 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

US tariffs dampen mood of global exporters: Study
US tariffs dampen mood of global exporters: Study

Yahoo

time20-05-2025

  • 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

US tariffs dampen mood of global exporters, study shows
US tariffs dampen mood of global exporters, study shows

New Straits Times

time20-05-2025

  • 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).

US tariffs dampen mood of global exporters, study shows
US tariffs dampen mood of global exporters, study shows

Reuters

time20-05-2025

  • 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%).

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