Overall, the Ifo Institute now finds that the mood in the automotive industry is bright. Only a few companies complain about a lack of orders, rising export expectations and increasing demand. So, the situation was worse than he expected. The arms industry, as the main beneficiary of government investment plans – even though tanks, drones and frigates will never be needed again – is entering the underutilized factories of automakers, hiring employees and producing.
Considering the US government’s plans for this, one industry in Europe is still shaking: pharmaceuticals. This sector exports a quarter of its goods to the US. Business is currently running smoothly, as many orders are placed due to concerns that US President Trump will also use customs measures here. The classic pull-forward effect then disappears. A 15 percent tariff has been discussed.
100 days after the agreement, there was great dissatisfaction in the industry. There is still much to be done, from industrial electricity prices to reducing bureaucracy. Otherwise, the stock market atmosphere may change completely.
