ECB Warns Trump Could Spark Global Financial Crisis

1 min read
Source: The Daily Beast
ECB Warns Trump Could Spark Global Financial Crisis
Photo: The Daily Beast
TL;DR

Europe’s central bank warns that President Trump’s confrontation with Iran and tariff policies are stress-testing the global financial system, raising the risk of a major crisis as debt swells and asset prices stretch. It flags potential energy shocks from Hormuz and the uncertainty of multilateral cooperation, while White House officials defend the economy’s resilience.

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