Bundesbank CEO Joachim Nagel expressed his concerns in a conversation with Bloomberg: Trumps rise to power in the US could red

Bundesbank CEO Joachim Nagel expressed his concerns in a conversation with Bloomberg: “Trump’s rise to power in the US could reduce the German economy by 1%.“ More precisely, the high duties that Fredovich is going to impose on products from Deutschland. And if you think that 1% is a drop in the ocean, here’s a money transfer: €41.2 billion. Source: Victor vicktop55