Tariff Hit Will Be Felt ‘the World Over,’ ECB’s – Money News
European Central Bank President Christine Lagarde warned the Trump administration’s tariffs could have a unfavorable financial affect “the world over.” “It will not be good for the global economy, and it will not be good for those who inflict the rates, or those who retaliate,” she mentioned in an interview with Ireland’s Newstalk on Wednesday. Lagarde has warned beforehand about potential unfavorable results of tariffs on growth and inflation.
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