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Europe's hotel industry faced with Donald Trump's shock measures

The worst-case scenario is not the most likely, and a way out is not impossible.
(Adobe Stock/ali)
(Adobe Stock/ali)
By Béatrice Guedj (PhD), Head of Research and Innovation, Swiss Life Asset Managers
May 9, 2025 | 10:01 AM

Every announcement by Donald Trump, from foreign trade to monetary policy, agitates the markets and penalizes world stock markets, the dollar and US Treasuries, as if chaos could only emerge from chaotic situations... The worst-case scenario is not the most likely, and a way out is not impossible.

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