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‘All kinds of chaos’: Canadian and U.S. businesses paralyzed as they brace for more Trump tariffs

  • Germany's Manufacturing Purchasing Managers' Index increased from 48.9 to 52.1 in March, marking its highest value in three years, according to a business survey.
  • Germany's composite PMI grew from 50.4 to 50.9, contrasting with France's economy, where business activity contracted for the seventh consecutive month, as noted by various analysts.
  • Businesses in northwestern Ontario are concerned about the negative effects of U.S.-Canada trade tensions on tourism, as stated by Gerry Cariou, Executive Director of the Sunset Country Travel Association.
  • Analysts indicated that the rise in German output might be linked to upcoming U.S. tariffs, which are expected to impact Germany's export-dependent industries significantly.
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Die Presse broke the news in Vienna, Austria on Monday, March 24, 2025.
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