Mario Draghi has pushed back against the new US administration on issues ranging from protectionism and financial regulation to the valuation of the euro, underlying the scope for transatlantic discord as Donald Trump’s team advances its ‘America first’ agenda.
In a question-and-answer session with the European Parliament, the European Central Bank president registered his concern at the White House’s plans to roll back the US’s 2010 Dodd-Frank financial regulations and Mr Trump’s hostility to multilateral trade deals.
He also denied accusations by Peter Navarro, the US president’s top trade adviser, that the EU sought a weak euro.
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