Lack of stability is 'new normal' in global trade, Thyssenkrupp chairman says

BERLIN, Jan 26 (Reuters) - Global trade is being severely disrupted by military conflicts and a trade war launched by the United States, creating a new normal for businesses in the form of uncertainty, not stability, according to German industrial firm Thyssenkrupp on Monday.

"We are witnessing the demise of the rules-based order of the past decades," the company's Supervisory Board Chairman Siegfried Russwurm said in a speech released ahead of the group's annual general meeting scheduled for January 30.

"These new conditions confront business constantly with new political interventions without imparting any reliable economic stimulus. If one thing has emerged as the current 'new normal,' it is the lack of stability in our commercial conditions, which is attributable to political factors."