FreeTrade

ECB's Guindos Warns of Dire Consequences from Potential Trade War

3 days ago

In a recent statement, European Central Bank (ECB) Vice President Luis de Guindos expressed serious concerns regarding the potential escalation of trade tensions, stating that a trade war would be "extremely bad" for the global economy. His remarks come amid growing uncertainties surrounding global trade policies and the increasing chances of economic confrontation between major powers.

Trump's Tariff Plans: A Looming Economic Threat for Germany, Warns Nagel

1 month ago

In an alarming forecast for Germany’s economy, the President of the German Bundesbank, Joachim Nagel, has expressed concern that proposed tariff plans by former President Donald Trump could lead to a significant economic setback, potentially costing Germany as much as 1% of its GDP. This commentary comes in the wake of ongoing discussions about trade policies under the potential return of Trump to the White House in the upcoming 2024 presidential elections.

Starmer's Trade Strategies Face Challenges Amid Trump's Tariff Enthusiasm

2 months ago

Keir Starmer, the leader of the UK Labour Party, is encountering significant challenges as he navigates the complex terrain of free trade in light of former US President Donald Trump's renewed enthusiasm for tariffs. As the political landscape shifts, particularly with Trump's potential return to the presidential race in 2024, Starmer's commitment to free trade is being put to the test.