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RUE ROECE Du Rhône drives from the entrance to Jaeger-Lecoultre Boutique on 2 August, 2025 in Geneva, Switzerland.
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Business managers put on the head New era of fare complexity.
Humor between European General Managers came on Thursday as US president Donald Trump He sought to re-adapt the global trading system for the benefit of America.
The Trump Administration killed high rates of tall fees between 10% and 50% after the business partners after midnight and subsequent months.
From Thursday, most imports to the US will now be calculated by more than 17% increase in the total rate rate rate of the total rate of total rate Yale Budget Laboratory Think Tank. This indicates the highest rate of tariff since 1935, in the Great Depression.
Zurich Insurance Mario Greco’s General Manager said Trump’s tariff fare ads “mixed up” according to Reuters. The US Rate Blitz added in a press call that seemed “part of the game, chaos. “
Swiss insurance, which does not expect to influence a new era of global trade competition in its business, said that he was well positioned in the coming months.
“Looking at the business is important to have clarity and make decisions. The business adapts and prepares it to any kind of conditions, but clarity is very important,” Greco said CNBC said “Squawk Box Europe. “
Oliver Bate, Director General of the Giant German Insurance AllianzShared rating of the status of the rate.
“If you’re not confused, I don’t know what a man messes up. But we have to see through the confusion,” Batek said CNBC.
“So I can talk about being confused, the latter doesn’t affect us directly. One thing that affects the accounting level is the volatility of foreign exchange and the volatility of financial markets,” he added.
‘Very challenge’
The main trading partners, such as UK, Japan and South Korea, have secured agreements to achieve smaller rates than those who announced April in April. The European Union also has a framework of agreement in most EU goods to 15%.
Other countries have been harder to trade in TRUGP. The US has established 50% tax in Brazilian goods, 39% in Switzerland, 35% in Canada and 25% of India.
Carsten Knobel, Director General of German Consumer goods and adhesive manufacturers handleThe current market environment said it is “very challenging and doubtful”.
“This is reflected in geopolitical voltages, but also trade and fare conflicts, as well as the military climbing we see in many countries,” Cnobel said CNBC on Thursday.
Concerns about lack of commercial assurance was common thread during profit season.
“For us, if I look at the medium-term view, certainly is certainly the absence of certainty”, the Director General of the Vincent Clerc, Danish Giant Shipment AlerskCNBC said.
“It’s one thing about the rate or fare scheme you can tell when you are making investment decisions or strategic decisions.” Clerc said.
“What we feel from many customers is that this uncertainty causes investment delay and can affect globally and globally in global demand.”
Maersk, be taken into account very The barometer for the global trade said the lasting period of business trade has announced the commercial trade. They would help customers manage a new phase of globalization.
Siemens The General Manager of Roland Busch has welcomed the passage of the final fare for the last term, and it clears a limited impact on the development of the business.
“The most important point, of course, is good, that we wanted smaller rates. We are clearly due to global trade, but today’s impact on our Siemens business,” said Busch.
