German Economic Advisor Warns U.S. Tariff Risks Will Rise After Midterms, Market Uncertainty Looms in Early 2027

Gabriel Felbermaier, a member of Germany's Council of Economic Experts, warned on Wednesday that the U.S. midterm election is unlikely to soften Washington's trade protectionism stance and may instead intensify tariff policy uncertainty. In the council's annual report release, Felbermaier stated tensions could escalate as early as early next year when certain deadlines expire. The warning signals potential cooling in the U.S. market, which had shown recent improvement and benefited German exporters amid artificial intelligence momentum.
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