A New U.S.-Europe Trade War? ECB Warns of Economic Shockwaves Ahead
Donald Trump
The European Central Bank has raised concerns that protectionist policies from the incoming U.S. administration could stifle global economic growth, urging Europe to be better prepared than during the 2018 trade disputes. ECB officials highlighted these risks on Tuesday, as reported by Reuters. U.S. President-elect Donald Trump pledged during his campaign to enforce significant trade barriers, including a universal 10% tariff on all imports and up to 60% on imports from China, aiming to curb
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