Trump's tariff policy: Danger for BASF and the American economy!

Trump's tariff policy: Danger for BASF and the American economy!

In the wake of Donald Trump's tariff and trade policies, companies in the US and around the world are experiencing a period of significant uncertainty. Loud South German newspaper Not only foreign companies are affected, but American companies also suffer from the new regulations.

Trump has introduced tariffs and tax ideas for foreign investors, which is affecting planning security in the economy. These measures represent a major challenge, especially for managers, as they rely on security in their businesses. Markus Kamieth, CEO of BASF, said that planning in a company with almost 100 countries and over 65 billion euros in sales requires both long-term and short-term strategies.

Planning uncertainty and economic consequences

Trump's unpredictable decisions, especially the introduction of high tariffs, make strategic planning for companies much more difficult. This leads to general uncertainty in the economy and prevents companies from making informed decisions.

Experts also warn of a possible economic crisis in the USA, which can be traced back to Trump's customs and financial policies. As part of this development, Moody's downgraded the US credit rating for the first time in over a century. The downgrade reflects the uncertainties in the trade policy of the second Trump administration, which also affects the EU.

Customs policy and its effects

On April 2, 2025, Trump announced a general tariff of 10 percent on imports from almost all countries, which went into effect on April 5, 2025. Further tariffs, known as reciprocal tariffs, were due to come into force from April 9, 2025, with the EU facing a 20 percent threat. These tariffs are currently suspended for 90 days while the US and EU negotiate a solution.

Trump sees the international trading system as unfair to the US and aims to promote exports and reduce imports to balance bilateral trade balances and promote US re-industrialization. Its tariff policy is aimed not only at regulating trade but also at financing tax cuts. At the same time, however, it causes additional costs for producers and consumers and increases planning uncertainty for companies.

Economic forecasts

The International Monetary Fund (IMF) has lowered the growth forecast for the USA to 1.8 percent in 2025. Current inflation is around 2.3 percent, but experts warn of significant inflation potential. So far, companies have only passed on a limited amount of tariff costs to consumers, which could lead to price increases in the long term. In addition, the US Federal Reserve is facing the challenge of possible stagflation while it has not lowered interest rates.

The impact of Trump's tariff and trade policies is therefore far-reaching and affects a wide range of players in the global economy. Businesses and consumers must prepare for a period of uncertainty that could be characterized by further unpredictable political decisions. Loud T Online The situation remains complex and requires careful monitoring of further developments.