{"id":48872,"date":"2025-06-17T10:25:18","date_gmt":"2025-06-17T08:25:18","guid":{"rendered":"https:\/\/frankfurt-main-finance.com\/?p=48872"},"modified":"2025-06-17T10:25:19","modified_gmt":"2025-06-17T08:25:19","slug":"cfs-survey-on-four-months-of-the-trump-administration","status":"publish","type":"post","link":"https:\/\/frankfurt-main-finance.com\/en\/cfs-survey-on-four-months-of-the-trump-administration\/","title":{"rendered":"CFS survey on \u201cFour months of the Trump administration\u201d"},"content":{"rendered":"\t\t
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Background:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Immediately after Donald Trump’s election victory and his upcoming second term as President of the United States, we conducted a survey in November 2024 on the possible implications for economic relations between the US and the EU, as well as financial market regulation. Now, more than four months into Trump’s second term, we asked our panelists for their current assessment of the same issues in light of the many developments that have taken place. Some assessments have been confirmed, but there have also been some interesting changes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Survey results<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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As in November, around 80% of respondents believe that trade relations between the EU and the US will deteriorate under the Trump administration. However, only 52% of panelists now believe that EU companies will increase their investments in the US. In November, around 83% were of this opinion. Conversely, only 34% of survey participants now expect the US to invest less in the EU (November: 73%). Compared to November (84%), the proportion of respondents who expect inflation to rise in the US has increased to 95%. \u201cThese figures reflect the Trump administration’s unpredictable tariff policy. The resulting uncertainties have become even greater compared to expectations before Trump took office,\u201d says Professor Volker Br\u00fchl, Managing Director of the Center for Financial Studies.<\/p>

With regard to future banking and financial market regulation, the expectations of those surveyed have changed slightly. The vast majority (81%) of the specialists and executives surveyed still expect banking and financial market regulation in the US to become more relaxed in the future. In November, the figure was still almost 90%. \u201cEasing financial market regulation does not appear to be a priority for the Trump administration at present. That may change in the coming years,\u201d explains Br\u00fchl.<\/p>

“If there is a positive side to the current uncertainty, it is the renewed interest of investors in the EU. Section 899 of the US budget draft currently under discussion plays a major role in this. It grants the executive far-reaching powers to impose burdens on investors. Since the draft was tabled, not a day has gone by without international investors adjusting their asset allocation in favor of the EU,” says Hubertus V\u00e4th, Managing Director of Frankfurt Main Finance.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\tCFS Index in Q2 2025\t\t\t\t\t<\/h2>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\tCFS Index down slightly, importance of Germany as a financial center increases\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t
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Source: CFS press release dated June 17, 2025<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Four months into Trump\u2019s second term, our latest survey reveals growing uncertainty: Investors are increasingly turning to the EU as transatlantic trade relations come under further strain.<\/p>\n<\/div>","protected":false},"author":7,"featured_media":48943,"comment_status":"closed","ping_status":"open","sticky":false,"template":"template-fullwidth.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[210,105],"tags":[],"class_list":["post-48872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-top-news"],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-06-28 10:33:32","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/posts\/48872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/comments?post=48872"}],"version-history":[{"count":5,"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/posts\/48872\/revisions"}],"predecessor-version":[{"id":48963,"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/posts\/48872\/revisions\/48963"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/media\/48943"}],"wp:attachment":[{"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/media?parent=48872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/categories?post=48872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/tags?post=48872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}