CoinVoice has recently learned that European Central Bank President Lagarde stated that although the agreement reached with the United States has reduced some uncertainty, economic growth in the Eurozone may slow this quarter, and global trade still carries uncertainty.

Lagarde mentioned in Geneva that the current 15% tariffs levied on most European goods are slightly above the levels assumed by the European Central Bank in June, but "far below" the severe scenarios that were originally planned.

She pointed out on Wednesday: "Recent trade agreements have alleviated some uncertainty, but have not completely eliminated it. Due to the unpredictable policy environment, uncertainty remains." She added that the tariffs on the pharmaceutical and semiconductor industries are still unclear.[Original link]