Asmussen: ‘Trump has destroyed tru • Table.Briefings

Jörg Asmussen heads the German Insurance Association (GDV).

The head of the German Insurance Association and former ECB director sees growing doubts about the dominance of the US dollar. He sees opportunities for the euro – but national egoisms would have to give way.

Mr. Asmussen, US President Donald Trump’s tariff policy has triggered turmoil on the US financial markets, with many investors withdrawing their capital from shares, US government bonds and the dollar. Do you see large inflows of capital to Europe?

Asmussen: ‘Trump has destroyed trust in the rationality of US economic policy.’

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