Comment on Trump's presidency will hurt Europe's economic growth amid renewed trade tensions, Goldman Sachs says

Trump's presidency will hurt Europe's economic growth amid renewed trade tensions, Goldman Sachs says

Donald Trump is on the cusp of a landslide victory and a return to the White House.AP Photo/Evan VucciEurope could take a hit to GDP in a second Trump presidency, Goldman Sachs analysts say.They point to increased uncertainty as the scope of the timing of Trump's sweeping tariffs remains unclear.European officials have long warned of huge growth impacts from a Trump win.As the world takes in the results of the US presidential election, regions around the world are determining what a Trump presidency might mean for their economies.Europe could face a big hit to economic growth as trade tensions increase, Goldman Sachs analysts said.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News