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ECB chief says eurozone weathering Trump tariff storm

  • Europe's economy is performing better than anticipated despite U.S. tariffs, according to Christine Lagarde, head of the European Central Bank.
  • Lagarde noted that the European Union's decision not to impose retaliatory tariffs helped mitigate the situation.
  • The conclusion of a trade deal with the U.S. capped tariffs at 15%, reducing uncertainty in business investment.
  • Lagarde stated that there has not yet been significant supply chain disruption due to the tariffs.
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28 Articles

Center

Europe’s economy is keeping better than expected against US President Donald Trump’s tariffs, in part because the European Union did not respond with its own counterproductive tariffs, said the president of the European Central Bank on Tuesday. Christine Lagarde said that the impact of Trump’s trade war on growth and inflation in the 20 countries using the euro has also been softened by a stronger euro and the conclusion of a trade agreement wit…

Daily JournalDaily Journal
+15 Reposted by 15 other sources
Center

ECB chief says eurozone weathering Trump tariff storm

European Central Bank chief Christine Lagarde said Tuesday US tariffs had not hit the eurozone as badly as feared, but warned new risks could lie ahead in an uncertain world.

·Cherokee County, United States
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Associated Press NewsAssociated Press News
+9 Reposted by 9 other sources
Lean Left

Europe's top central banker says economy holding up better than expected in face of Trump tariffs

Europe’s economy is holding up better than expected in the face of U.S. President Donald Trump’s new tariffs - in part because the European Union didn’t retaliate with self-defeating tariffs of its own, the head of the European Central Bank said Tuesday.

·United States
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WKYC broke the news in Cleveland, United States on Tuesday, September 30, 2025.
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