The director of the Vizcaína Federation of Metal Companies (FVEM), Adolfo Rey, has assured that “uncertainty” has motivated companies to stop, stop or postpone investments. Uu. It is the fourth market for companies in this sector.
The director of the Biscay Federation of Metal Companies (FVEM), Adolfo Rey, is convinced that the War war Trump Driven is “Paralyzing, braking or postponing” investments In the sector sector. However, it has avoided to quantify that incidence.
In conversation with Europe Press, Rey explained that, despite the break that has been established by the White House: “Ultimately, we have a period that is very concrete, it is 90 days, and if I had a company that had to make a decision that defined by the rates and tariff policy, that Trump has just defined, I would postpone the decision to see what is happening“
According to the director of the FVEM, the current situation is characterized by a “insecurity” constant. “It is a succession of decisions that change at night and that are just that people stay silent and make no decisions. And it is normal because we have that, the normal thing is now waiting to see what will really be implemented,” he added. In the same spirit, he also avoided what will happen after the rate extension. “Merks should not be made because (Trump) changes the spirit from one day to another,” he argued.
Reyes has stated that Donald Trump has created a revolution and has generated a change in the order that has been set for 80 years“And we will have to see how it is being restored, but” it will no longer be the same order. “” And depending on how that order is restored, we will see how it influences us, “he added.
As he explained, it is not a direct issue of the American market – such a customer for Biscay companies – but all markets are “interconnected” and the decisions of the American president will influence the markets worldwide. “If the markets are influenced, it will reach us,” he said.
Interrogated by the response of the Basque government and the European Commission before the war initiated by Trump, the head of the FVEM appreciated both answers and has heard that “the measures to be taken must be reflected, agreed and relaxed“
The Vizcaína Federation of Metal Business Agglutina up to 850 companies in the sector, and US. It’s his room market.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
