In view of the prospect of US taxes on steel and aluminium, the European Central Bank (ECB) has joined the international voices warning the US government against making any hasty protectionist decisions that could derail the current robust levels of economic growth.
“We are convinced that disputes should be resolved in a multilateral framework. Unilateral decisions are dangerous”, said the President of the European institution, Mario Draghi, on Thursday 8 March. “If you put tariffs...