German Economic Adviser Warns US Tariff Risk to Rise After Midterms

Cointime reports: Gabriel Felbermayr, a member of Germany’s Council of Economic Experts, warned that the US midterm election results are unlikely to soften Washington’s protectionist stance and could increase tariff policy uncertainty. Speaking at the release of the five-member council’s annual report on Wednesday, he said the situation could become tense as early as the start of next year as relevant deadlines expire. For German exporters, this could mean a cooling US market, he added.