Goldman Sachs Warns of Trump Re-Election Impact
Goldman Sachs Warns of Trump Re-Election Impact
Goldman Sachs Warns of Trump Re-Election Impact
News summary

Goldman Sachs analysts warn that a re-election of Donald Trump could substantially impact European corporate earnings due to proposed tariffs, potentially reducing Europe's GDP by 1% and earnings per share by 6-7%. The market assigns a 70% probability to Trump's re-election, with concerns over tariffs affecting both Eurozone and US GDP. European carmakers and renewable energy firms face sell-offs amid worries about US policy risks post an assassination attempt that boosted Trump's chances. Economic experts estimate Trump's return could cost the EU 1% of its GDP, primarily due to proposed tariffs and concerns about NATO and Ukraine. Thailand is advised to prepare for economic and trade impacts post the US presidential election, citing previous policy shifts affecting the global market.

Story Coverage
Bias Distribution
100% Center
Information Sources
a3544a73-dab3-486d-ae75-bd4d15f01f55
Center 100%
Coverage Details
Total News Sources
1
Left
0
Center
1
Right
0
Unrated
0
Last Updated
45 days ago
Bias Distribution
100% Center

Open Story Timeline

Story timeline 1Story timeline 2Story timeline 3Story timeline 4Story timeline 5Story timeline 6Story timeline 7Story timeline 8Story timeline 9Story timeline 10Story timeline 11Story timeline 12Story timeline 13Story timeline 14

Analyze and predict the
development of events

Related News
Daily Index

Negative

20Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News