ECB's Escriva sees risks to global financial sector from U.S. trade policies

MADRID (Reuters) -Geopolitical and trade tensions stemming from U.S. tariffs pose a risk to the stability of the global financial system and to global economic growth, European Central Bank policymaker Jose Luis Escriva warned on Tuesday. U.S. President Donald Trump has repeatedly threatened an array of punitive measures against trading partners, only to revoke some of them at the last minute, baffling world leaders and spooking business executives. Escriva saw the unpredictability of the Trump administration's policies, from trade to wider economy, as one of the risks defining the global environment, with "possible deterioration of international investors' confidence in the U.S. economy" also generating uncertainty.