According to the latest research conducted by the European Central Bank (ECB) and published in its economic bulletin of the April monetary policy meeting, a new round of tariffs imposed by the US on its main partners would only cause a “modest decrease” in the pace of economic growth in the Eurozone. Key Highlights: The study simulated a two-way, 10 percent increase in tariff and other trade barriers between the world’s largest economy and all its partners. But escalating trade tensions could have grave consequences for the global economy. Eurozone car industry would incur losses of 4% on US tariffs, simulation shows. Consequences of the tariffs implemented last year pose only a modest adverse risk to the global and Eurozone outlook. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD challenges 1.1200 post-German IFO FX Street 4 years According to the latest research conducted by the European Central Bank (ECB) and published in its economic bulletin of the April monetary policy meeting, a new round of tariffs imposed by the US on its main partners would only cause a "modest decrease" in the pace of economic growth in the Eurozone. Key Highlights: The study simulated a two-way, 10 percent increase in tariff and other trade barriers between the world's largest economy and all its partners. But escalating trade tensions could have grave consequences for the global economy. Eurozone car industry would incur losses of 4% on US tariffs,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
