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Almost half of German manufacturing firms fear the risks posed to their operations if Donald Trump wins the US election on November 5, according to a survey from the country’s ifo Institute released on Wednesday. The survey revealed that 44% of companies expressed concerns about negative impacts resulting from a second Trump presidency, while 5% are hoping for positive effects. Fifty-one per cent expect no difference whether Trump or his Democratic rival, Kamala Harris, wins. “Companies with close economic ties to the USA in particular are expecting negative consequences if Trump wins the elec…

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