ECB’s Lagarde warns US-EU tariff war could slash eurozone growth by 0.5%

Speaking to a European Parliament committe, ECB President Christine Lagarde warned that US tariffs of 25% on European imports could have a significant negative impact on the Eurozone economy, cutting growth by around 0.3% in the first year. If the EU responds with retaliatory tariffs, the impact could deepen, reducing Eurozone GDP growth by as […]

The post ECB’s Lagarde warns US-EU tariff war could slash eurozone growth by 0.5% appeared first on Action Forex.