Photo: Guy Wolff/Maison Moderne
The United States presidential election takes place on 5 November. Paperjam’s Ioanna Schimizzi interviewed Paul Schonenberg, president of the American Chamber of Commerce in Luxembourg. In this article he offers an analysis of the economic stakes of the upcoming election.
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The president of Amcham nevertheless agreed to analyse certain proposals put forward by Kamala Harris (Democrat) and Donald Trump (Republican). Overall, I’m not afraid of either of them; or I’m afraid of both of them because each has positions that can worry trade.” Trump, for example, wants to impose new tariffs on foreign goods entering the US to “stop inflation,” and he also advocates deregulation of the energy sector and drilling for oil and gas.