High internal barriers and regulatory hurdles are far more damaging for growth than anything America might impose
“Recent weeks have provided a stark reminder of Europe’s vulnerabilities. The eurozone barely grew at the end of last year, underlining the fragility of the domestic recovery. And the US began imposing tariffs on its major trading partners, with the EU next in its sights. This prospect casts further uncertainty over European growth given the economy’s dependence on foreign demand”.
Fonte: Financial Times
Autore: Mario Draghi
Link: Forget the US — Europe has successfully put tariffs on itself
