Trump's return to presidency sparks market shifts in key global industries
Donald Trump's return to the presidency has sparked significant market reactions, with stocks in defense and automotive sectors rising, while shares in renewable energy and German carmakers fell. His proposed tariffs could increase prices for consumers and impact European exports. In technology, Trump has expressed support for cryptocurrencies and plans to ease regulations on artificial intelligence. He may replace key regulatory figures, but has also criticized major tech companies like Google and Meta. Trump's energy policy aims to lower costs by increasing oil and gas production, which has negatively affected European renewable companies. His trade policies may also impact the food and freight industries, raising concerns about potential trade wars and price increases.