Donald Trump’s tariffs will be ‘negative the world over’, European Central Bank’s Christine Lagarde says – Europe live

US tariffs will prove harmful ‘even for those who inflict’ them but can lead to negotiations, ECB chief saysPresident Donald Trump’s planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whether they lead to successful negotiations, European Central Bank head Christine Lagarde said on Wednesday.“It will be negative the world over and the density and the durability of the impact will vary depending on the scope, on the products targeted, on how long it lasts, on whether or not there are negotiations,” she said in an interview on Ireland’s Newstalk radio. Continue reading...

Donald Trump’s tariffs will be ‘negative the world over’, European Central Bank’s Christine Lagarde says – Europe live

US tariffs will prove harmful ‘even for those who inflict’ them but can lead to negotiations, ECB chief says

President Donald Trump’s planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whether they lead to successful negotiations, European Central Bank head Christine Lagarde said on Wednesday.

“It will be negative the world over and the density and the durability of the impact will vary depending on the scope, on the products targeted, on how long it lasts, on whether or not there are negotiations,” she said in an interview on Ireland’s Newstalk radio. Continue reading...