Christian Kubitza (@chriskubitza.bsky.social)

"The EU’s ... supply constraints, especially its high internal barriers and regulatory hurdles, ... are far more damaging for growth than any tariffs the US might impose. The second factor ... is Europe's tolerance of persistently weak demand." Says the man himself, Mr Draghi. on.ft.com/3X1dpLC

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Forget the US — Europe has successfully put tariffs on itself High internal barriers and regulatory hurdles are far more damaging for growth than anything America might impose https://on.ft.com/3X1dpLC