ECB’s Panetta Says Tariffs Have Damaged the US More Than Others

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European Central Bank Governing Council member Fabio Panetta suggests that the US economy has been more significantly impacted by tariffs imposed by President Donald Trump, contradicting the US administration's stance.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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The US economy has borne most of the burden of tariffs imposed by President Donald Trump, according to European Central Bank Governing Council member Fabio Panetta.

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Original article published by Bloomberg on February 21, 2026.
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