German Business Trusts in Trump While French Are Fatalistic — Panjiva


German Business Trusts in Trump While French Are Fatalistic

France 103 Germany 162 Tariffs 1170 Trade Balance 657

Export expectations in Europe are diverging. German businesses became their most optimistic since April after the IFO survey reached a net 14.4% after auto industry exporters took heart from the rapprochement on tariffs reached by President Trump and President Juncker. French managers meanwhile may be expecting a renewed deterioration in relations – perfectly possible if progress isn’t made swiftly – as well as keeping an eye on slow Brexit negotiations. As a result INSEE’s survey showed sentiment at its weakest since March 2017 when elections loomed.

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