International Economic

US tariffs 'particularly damaging' to German economy, says Bundesbank president

By Benjamin Chiou

Date: Monday 17 Feb 2025

(Sharecast News) - America's protectionist trade policies would be "particularly damaging" to the export-oriented German economy, according to the president of the Bundesbank, Joachim Nagel.
"If I could give you just one message today, it would be this: protectionism leads to welfare losses in all affected countries. There are no winners,"...

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