Trump's trade approach could harm world growth - ECB's Visco

 Reuters International

Bank of Italy Governor Ignazio Visco attends the session 'Recharging Europe' in the Swiss mountain resort of Davos January 23, 2015. REUTERS/Ruben Sprich


MODENA, Italy (Reuters) - U.S. President Donald Trump's approach to trade issues could trigger retaliation in other countries and harm global economic growth, European Central Bank policy maker Ignazio Visco said on Saturday.

"The U.S. administration's declared intention of slowing down or reversing trade liberalisation processes, and the steps

it has already taken in this direction, risk triggering tit-for-tat measures in other countries, with negative repercussions for world growth," Visco, who sits on the ECB Governing Council, told a financial conference.

(Reporting by Silvia Aloisi; editing by Philip Pullella)


 Reuters International