Christine Lagarde, the head of the European Central Bank (ECB), has alerted that U.S. President Donald Trump’s ongoing trade conflict could potentially harm global economic growth and inflation. She pointed out that the continuous increase in tariffs holds the risk of severe economic repercussions. Further, she highlighted the difficult task the ECB faces in regulating inflation amidst an unprecedented level of uncertainty.

Source: https://www.euronews.com/business/2025/03/14/ecbs-lagarde-warns-of-severe-economic-hit-from-trumps-trade-wars