European Central Bank President Mario Draghi warned European Union leaders that an escalating trade war between the U.S. and the world’s biggest economies may have a larger impact than policy makers and investors currently expect. Rising tensions could erode confidence to an extent that is difficult to gauge, Draghi told the 27 heads of government from the bloc at a summit in Brussels on Friday. The complexity of intertwined global supply chains could magnify the impact on the world economy, he said, according to a person familiar with the discussion, who asked not to be named as the debate wasn’t public. Draghi’s latest comments come days after U.S. president Donald Trump threatened to deal what could be a damaging blow to the German economy by imposing a 20 percent tariff on car imports from Europe. .
Why this man always said something bad and make EURUSD Fall or getting weaker?
It's no secret that his duty as a former Goldman Sachs manager is to support the US dollar look stronger. This is why he had to start with a QE program in Europe instead of the FED continuing to print fake dollars because the dollar was losing too much on value already. Now he has to pretend how worried he is about the world ... about Europe ... and may be about his brothers from the global central banking system. Trump is just messing up their "peaceful" transfer of wealth to ..............