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US offers German companies to move their headquarters

All German companies that come into contact with Donald Trump's transition team are getting the same offer: to move their headquarters to the US. This is what German opposition leader Friedrich Merz told the German news agency dpa.

The companies are promised a favorable tax system and opportunities for subsidies. In response, Germany must therefore reduce corporate taxes to 25 percent, the CDU leader believes.

- It is not possible from one day to the next. But we must move in this direction so that the situation becomes more attractive, he says.

Meeting Trump's promised tariffs with European tariffs would be a bad idea, according to Merz. Instead, a positive agenda between Europe and the US is needed, which benefits consumers on both sides of the Atlantic.

Economists: "Maganomics" expected to hamper growth

Donald Trump's economic policies "maganomics", with increased protectionism and "America First", are expected to hamper US growth. This is according to a survey of economists from the Financial Times.

According to the survey, a majority believe that the negative aspects will overshadow the benefits of Trump's political agenda. The incoming president's policies are also expected to be inflationary, which could lead to increased caution from the Fed.

- Trump's policies may provide some growth in the short term, but it comes at the expense of a global slowdown that will later backfire and hurt the US, says Brown professor Şebnem Kalemli-Özcan.