Local Economy versus Global Uncertainty
2 Articles
2 Articles
A lot of uncertainty and uncertainty also prevails in the Tyrolean economy because of constantly new announcements from Washington. It is especially the domestic industry that hits it strongly. Uncertainty in almost all industries prevails due to the ongoing customs war of US President Donald Trump. As reported, the new 15 percent tariffs hit a large part of EU exports. "The industry is clearly the most affected in Tyrol. We export almost one bi…
The year 2025 began with a shift in what we had known until now as a relatively stable and unsurprising U.S. economic policy. However, Donald Trump's return to the presidency triggered a breakdown in the traditional rules of international trade and the return of economic protectionism through the sweeping tariffs he imposed on virtually all countries. This discontinuity in economic policy has had an adverse impact on supply chains, product avail…
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