ChainCatcher News: European Central Bank President Lagarde stated that although the recent agreement with the United States has reduced some uncertainties, economic growth in the eurozone may slow this quarter, and global trade still carries uncertainties.
Lagarde mentioned in Geneva that the current 15% tariff on most European goods is slightly higher than the level assumed by the European Central Bank in June, but 'far below' the serious scenarios previously planned.
She noted on Wednesday: 'The recent trade agreement has alleviated some uncertainty, but has 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.