ECB's Lagarde warns US-EU trade war may hit growth

Moreover, the European Central Bank estimated that these unilateral American tariffs would affect the euro zone's growth rate by 0.3 percent in the first year. The head of the ECB said that inflation could rise by 0.5%. But Christine Lagarde argues that these problems could be offset if the EU forged closer ties with other trading partners.

ECB chief calls for greater trade integration amid U.S.-EU trade tensions

ECB chief calls for greater trade integration amid U.S.-EU trade tensions

“Only united is Europe stronger,” and quotes Draghi, “does the ECB carry out its mandate whatever it takes.”

European shares fall as major central banks note economic uncertainty

ECB says a 25% US tariffs would lower euro zone growth by 0.3 percentage points in first year

ECB's Surveillance Trojan Horse: How Anti-American Rhetoric Sells the Digital Euro

The European Central Bank warns that Europe faces economic coercion risks due to its heavy reliance on American payment providers. ECB Chief Economist Philip Lane highlighted how Visa and Mastercard now process around two-thirds of eurozone card payments, with tech giants like Apple Pay, Google Pay, and PayPal controlling substantial portions of retail transactions. “Europe’s […]

ECB President Christine Lagarde warned of the possible consequences of a trade war with the US, which would dampen growth and fuel inflation. In response to Trump's tariffs, the EU announced countermeasures on US goods from mid-April.The US government imposed tariffs on aluminium and steel imports from the EU. President Trump also threatened a 200-percent tariff on wines and other alcoholics, which would hit France in particular.The European Uni…