Potential Impact of Trump's Re-Election on European Corporate Earnings Growth
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#1b154c83 ver:0.79
A re-election of Donald Trump as US president could have a significant impact on European corporate earnings growth, potentially wiping out growth next year. Goldman Sachs estimates a 6-7% impact on European earnings per share, which would be detrimental to companies. Sectors such as utilities and healthcare may benefit, while autos, industrials, and financials could be affected. Trump's trade policies and potential trade wars pose risks to transatlantic relations, European security, and the UK-EU relationship. The EU and UK need to prepare for increased turbulence and work together. A second Trump term could also impact global trade, leading to higher tariffs, trade wars, inflation, and supply chain diversification. The Nigerian economy could face challenges in trade, aid, immigration, and oil revenues. Germany's business relationships with the US may suffer due to potential trade conflicts. The EU can counter Trump's threats by acting united and pursuing trade agreements with other countries. #Trump #EuropeanEarnings #TradeWars #GlobalTrade #TransatlanticRelations #Nigeria #Germany...
#newstr #DonaldTrump #EuropeanCorporateEarnings #GoldmanSachs #ImportTariffs #Gdp #EuropeanCompanies #EarningsPerShare #MarketExpectations #TradeRisks #Utilities #Healthcare #Autos #Industrials #Financials
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