Current: Trump not happy about Draghi and weak euro – tariffs against EU now more likely?

Donald Trump just got up – and found out during his morning television routine that Draghi has announced further stimulus measures (presumably via his favourite channel Fox). And the US president is not exactly happy about the further fall of the euro against the US dollar in the wake of Draghis’ statements:

Subtext of Trump’s tweet: Time for the Fed to lower interest rates – the trade war is also a currency war!

The euro is rising again in the wake of Trump’s tweet…

By the way: when it comes to the Dax, are customs duties against the EU now more likely? We assume: yes!

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