Europe is already sabotaging its own economy far more than US tariffs could, former ECB president says

Photo of Mario Draghi (Credit: Thierry Monasse—Getty Images)

• Former European Central Bank President Mario Draghi urged the EU to get its own house in order by addressing trade barriers between member states, while downplaying the relative harm from potential U.S. tariffs.

The obstacles that European Union members impose against each other do much more economic harm than the U.S. could with tariffs, former ECB President Mario Draghi said.