"Should Trump and Vance implement their monetary policy vision, exporters would be directly affected: The weaker the dollar is, the more expensive German products will be in the US," summarizes the "Handelsblatt". With reference to the majority situation in the United States, however, it is unlikely that this could succeed according to Wieland: "Fed policy by Trump's interest rate decree will not be enforced." Even if the Republicans achieved a majority in both houses of Congress, Trump-Vance would struggle to find a majority to legally curtail the Fed's independence.
Handelsblatt: "Trumps Angriff auf die Fed gefährdet deutsche Exportwirtschaft"