ECB Officials Worried About Trade Wars, Euro’s Strength at March Meeting

Minutes show policy makers’ concerns as the eurozone recovery shows signs of weakness

FRANKFURT—The European Central Bank is fretting about the risk of trade wars and a stronger euro just as data suggest the eurozone’s long-awaited economic recovery is losing speed.

ECB officials warned at their March policy meeting of multiple threats to the region’s export-focused economy, including possible trade conflicts triggered by the U.S. administration, volatile financial markets and the U.K.’s withdrawal from the European Union, according to minutes of the meeting published Thursday.

...