Central Bank Governor: 'Premature' to assume Trump's impact on economy

'The fragmentation of the global economy did not start this year. It's unlikely to conclude next year'

Central Bank Governor Gabriel Makhlouf noted that the global economy is 'fragmented'.

The Governor of the Central Bank of Ireland has said it would be “premature” to come to any conclusions as to what the next Donald Trump presidency will do which will impact the economy but what is clear is that the global economy is already “fragmented”.

During his campaign, Mr Trump made tariffs a cornerstone of his economic plans promising a 10%-20% across the board tariff on all goods coming into the US with China being singled out for a potentially higher rate of 60%.