As countries across the globe rewrite their trade rule books following the uncertainty posed by US tariffs, a new strategic report predicts that US President Donald Trump’s policies are just the medicine that the European Union needs to become a true single market, fuelling growth, productivity, and profits over the long term.
Although Europe won’t avoid a recession, coordinated fiscal support, likely monetary policy easing from the European Central Bank (ECB), and a renewed integration push “will soften the blow and boost long-term growth”. That’s according to a report by investment research company BCA, called ‘Trump The Unifier’.
