www.bloomberg.com
ECB President Christine Lagarde stated that economic “uncertainty has returned” following new tariff threats from former U.S. President Donald Trump. Speaking at the World Economic Forum in Davos, Lagarde warned that increased trade protectionism is the biggest near-term threat to the global economy. She urged European leaders to enhance economic resiliency and conclude trade deals to better withstand potential geopolitical shocks, noting that such rhetoric creates market volatility and complicates central bank policy decisions.
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