Donald Trump announced the introduction of tariffs at a rate of 25% on goods imported from Mexico and Canada. A notable expert from the governing council of the bank noted: "Tariffs were a key theme in the statements of Donald Trump," who will become president on Monday, and consequently, "there is a high likelihood of a trade war."
From Frankfurt, a financial expert from the European Central Bank Izabel Shnabel stated on Sunday that the outbreak of a trade war with the United States under the leadership of Donald Trump is "entirely possible" and warned that it could have negative consequences for economic activity and prices.
