LONDON — Eurozone growth may be weaker than earlier thought, and fresh barriers to global trade could lead to a vicious circle of trade war with dire consequences for the economy, European Central Bank (ECB) Vice President Luis de Guindos said on Wednesday.
The eurozone economy has barely grown in the past year, and Donald Trump’s return to the White House as US president is likely to be bad news for the bloc as he campaigned on higher tariffs, promising that Europe will pay a “big price.”
Be the first to comment