“All are against this reasoning of Donald Trump … But there, we are no longer in reason”

What sectors under pressure? – "all against this reasoning donald

First affected: European exporters, whose products become more “dear” for American customers, who buy with a devalued dollar. Nevertheless, The FEB economist alerts that the potential increase would be 20 % on certain Belgian products. Similarly, if we take into account the current customs barrier which is added to the situation. Nevertheless, “Beers, chocolates, cookies will cost more in the United States … Nevertheless, “all against this reasoning donald The Americans will not produce gueuze on the spot. Therefore, it is impossible because it depends on a Brussels bacteria“, he jokes.”And a company like Desobry. from Tournai, which exports cookies in large quantities, with aluminum boxes (already concerned by customs surcharges, editor’s note) could see its pressure margins. We must not be fooled “he explains.

The dollar has been strongly deemed. unheard of since 1973: “Donald Trump will have to clarify his intentions”

Jean-Christophe Dehalu confirms the vulnerability of certain strategic sectors: “Pharma exports and machine tools are the first impacted. The margins are already under pressure, the exchange rate does not help. This situation is not great “, he sums up.

The pharmaceutical sector remains a pillar of Belgian exports to the United States, since it represents almost 55 % of volumes. In addition. Donald Trump has just threatened a 200 % tax in the Pharma sector if production was not relocated to the United States. “”It would be a disaster for production in Belgium “, advance Jean-Christophe Dehalu.

“It puts under pressure the location of investments and that of European decisions centers“, Defects also explains. He also alerts the prospects for a more global UE-USA trade agreement:”We seem to go to a minimum rate “all against this reasoning donald of 10 %. against 2 or 3 % workforce now. It is not a good thing. All economics is against this reasoning of Donald Trump. But there, we are no longer in reason. It’s politics“, he tackle calmly, calling”to find solutions to alleviate these harmful effects “.

“The USA are still the first “all against this reasoning donald producer of drugs (516 billion dollars between 2022. 2023, against less than 171 billion for China or Belgium, with 34 billion, editor’s note). But they would like more basic drugs, than China and India produce a lot, are produced in the USA. But this logic of Donald Trump will cost much more in the United States, and American patients. While this international channel is effective“, Regrets Edward Roosens. Let us recall that access to care is already an important challenge in the United States. where medical coverage is very limited.

Drug war: Trump threatens to tax 200%

“In aeronautics, Boeing could also suffer. Some components are made in Belgium. This will increase their costs. For the military industry too (As for the components intended for the F-35, editor’s note). It’s annoying for American companies“Recalls the economist.

"all against this reasoning donald

Raw materials: a bowl of welcome air?

If the energy-consuming European industries could benefit from it. those importing from cocoa, almonds (many of which are produced in California) and other goods in the United States could also draw out of the game. “This drop in the dollar reduces prices. and a decrease in inflation still suits Belgian companies, subject to wage indexing“, Slides Edward Roosens, taking advantage of to tackle the automatic indexing policy. In addition, for speculators, purchases of dollar raw materials on the world markets are more interesting.

Finally, windfall could be felt on the side of consumers as well. “”On an iPhone at 1000 euros, the devaluation of the dollar can represent a significant drop in the price in Europe. But you have to see if the resellers offer discounts or not here“, Finish Edward Roosens. But that is nothing less certain.