Germany's influential machine-tool makers' federation warned Tuesday of a turbulent 2025 due to political instability at home, Donald Trump's 'disruptive' return to the White House, and growing Chinese competition.
Germany's influential machine-tool makers' federation warned Tuesday of a turbulent 2025 due to political instability at home, Donald Trump's"disruptive" return to the White House, and growing Chinese competition.
"Domestically, it is still unclear how economic policy can provide more support until a new federal government is formed," said VDMA president Bertram Kawlath, adding he hoped a new administration would be in place by the summer. The United States is the most important single market for Germany's factory outfitters, and Kawlath warned that Trump's second stint as president"will almost certainly be more disruptive" than his first.
"The United States wants to reindustrialize and for this, it needs European equipment and machines," he said.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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