Donald Trump attacks ECB for ‘currency manipulation’
Global trade war fears deepen after US president reopens EU spat after talk of new rate cut plan
Donald Trump has accused the European Central Bank (ECB) of unfairly manipulating the euro, further raising the stakes for Washington in its trade and diplomatic disputes around the world.
The US president suggested in a tweet that comments by Mario Draghi, the head of the ECB, had triggered an immediate slide in the value of the euro versus the dollar, “making it unfairly easier for them to compete against the USA”.