Former US president Donald Trump. Photo: AP
Mark Schroers and Kamil Kowalcze
Today at 03:30
Europe’s economy could face significantly less growth and more inflation should Donald Trump win re-election as US president, European Central Bank Governing Council member Joachim Nagel has warned.
Victory for Mr Trump “could be accompanied by drastic increases in tariffs, an expansionary fiscal policy and severe restrictions on immigration”, the Bundesbank chief said.
Source link : https://www.independent.ie/business/world/trump-second-term-would-be-bad-for-europe/a35132133.html
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Publish date : 2024-10-09 01:30:00
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