European Central Central: The eurozone was not greatly affected by Trump’s drawings
The bank president said European Central Christine Lagarde: American customs duties did not affect The euro area to the extent that it was afraid, but it warned of new dangers that might wave on the horizon in a mystery world. A framework that determines customs duties on the majority of exports to the United States by 15%, which is a much higher percentage compared to the period before Trump’s return to the White House, but it is less than the very high levels that the US president sometimes threatened. "The recipient side" from "Using trade as a tool to practice influence". "It will cause a great negative shock to the euro area economy"But these assumptions were not fulfilled. /> This is due to the reasons for the July agreement with Trump and European governments taking measures to enhance growth such as a pledge to increase defense spending. "The new commercial and geopolitical shocks will remain a fixed feature in our environment". The benefit of its high standard levels, the central bank kept its rates during its past two socialists, and most analysts do not expect any change soon.
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