Panetta: "The Duties Cost a Point for World Growth. Double Effect in the United States" – The Observatorial

The Governor of Bankitalia points out the way to relaunch growth in Italy signs of vitality but the debt remains high.

Tariffs could dampen global growth by 1 point - Panetta

International trade tensions sparked by US President Donald Trump's tariffs"could subtract almost a percentage point from world growth over two years", Bank of Italy Governor Fabio Panetta said on Friday in his 'Concluding Remarks' as he presented the cent... (ANSA)

In the US they are the highest in the post-war period. The risks of cryptoactivity, the plan for the digital euro. Productivity, the gap between Europe and the US widens. It is necessary to intervene on the cost of energy. Attractive occupations are needed for young people fleeing abroad. Training for immigrants

Panetta: "The duties cost a point for world growth. Double effect in the United States" – The Observatorial

“The tightening of customs barriers could subtract almost a percentage point of world growth within a two -year period”. And in the “United States the estimated effect is about double”. This was said by the governor of the Bank of Italy Fabio Panetta in the final considerations, on the occasion of the presentation at Palazzo […]

The duty race could subtract almost one percentage point from world growth over a two-year period and is pushing the global economy on a trajectory...