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Trump adds to internal strife stalling EU competitiveness push
The European Union's goal of boosting competitiveness to catch up with rivals the United States and China has gained fresh urgency after Donald Trump's election win, Mario Draghi said on Friday, as doubts increase that the bloc is up to the task. Trump warned before his U.S. presidential victory that the 27-nation bloc will have to "pay a big price" for not buying enough American exports and has threatened 10% tariffs on all U.S. imports. Former European Central Bank chief Draghi, speaking at an EU summit before presenting his report on EU competitiveness to EU leaders on Friday, said the sense of crisis had ... (full story)