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Trump tariffs endanger global stability, Bundesbank says

U.S. President Donald Trump's decision to impose a raft of tariffs on key trade partner endangers global financial stability, Bundesbank President Joachim Nagel said on Thursday. "The US administration's decisions to impose tariffs endangers global economic stability," Nagel said in a statement. "In the face of the challenges of our time, strong alliances and fewer trade barriers are needed," Nagel said.

U.S. President Donald Trump's decision to impose a raft of tariffs on key trade partner endangers global financial stability, Bundesbank President Joachim Nagel said on Thursday.

"The US administration's decisions to impose tariffs endangers global economic stability," Nagel said in a statement. "In the face of the challenges of our time, strong alliances and fewer trade barriers are needed," Nagel said..