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US Democratic Win Unlikely to Ease Firms’ Cost, Tariff Woes in Near Term, Executives Say

Companies said the new congressional balance is unlikely to ease tariffs, energy costs and weak demand soon, even as global markets rallied.

Summary by WTVB
By Christoph Steitz, Yuka Obayashi and Emanuele Berro FRANKFURT/TOKYO/GDANSK, Nov 4 (Reuters) - Global companies said on Wednesday that Democrats' capture of the United States Congress is unlikely to change their near-term outlook, as businesses strug...

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US Democratic win unlikely to ease firms' cost, tariff woes in near term, executives say

·London, United Kingdom
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The Straits Times broke the news in Singapore, Singapore on Wednesday, November 4, 2026.
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