Press Office

Statement by RWI President Christoph M. Schmidt on the US presidential elections

Press release from 04 November 2020

"The outcome of the election is unclear, and a final result could be a long time in coming. The USA is thus facing difficult weeks and perhaps even months ahead. This also creates great uncertainty for US trading partners like Germany. Accordingly, economic players will probably be very cautious and wait and see how the situation develops. It would be to the benefit of the USA - and to us - to clarify as quickly as possible who will lead the country over the next four years."