ECB: Trump's policies destabilize global economy

The European Central Bank was afraid of Donald Trump’s trade policy. They say that it destabilizes the world economy more than the coronavirus pandemic. This was stated in an interview with the British press, the Deputy head of the ECB Luis de Guindos. He repeated the mantra that there will be no winners in a trade war.

📝 Summary

The European Central Bank was afraid of Donald Trump’s trade policy. They say that it destabilizes the world economy more than the coronavirus pandemic. This was stated in an interview with the British press, the Deputy head of the ECB Luis de Guindos. He repeated the mantra that there will be no winners in a trade war.

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