Lagarde says US-EU deal lowered uncertainty ‘considerably’
ECB president voices concern over Fed independence, French debt
The president of the European Central Bank has spoken of how she breathed a sigh of relief after the US and the European Union renegotiated their trade partnership.
Christine Lagarde told French radio station Radio Classique today (September 1) that uncertainty had been “considerably reduced” since April 2 thanks to the tariff deal between two of the largest global markets.
The deal – which sets US tariffs on European exports, with some caveats, at a flat rate of 15% or an effective rate of 12% –
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