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ECB Official: Tariffs Hurt the U.S. More
GateNewsBot
PANews February 21 News, according to Reuters, European Central Bank Governing Council member Panetta stated that the cost of Trump’s tariffs is “mainly borne by the United States,” as U.S. imports from China decline but shift to Mexico, Vietnam, and Taiwan; he also mentioned that cheap Chinese imports may accelerate the eurozone’s inflation decline, with inflation risks remaining two-sided.
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EarnOnA8
· 1h ago
Wishing you great wealth in the Year of the Horse 🐴