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Europe must be ready for Trump’s tariffs, warns the head of the European Central Bank


Christine Lagarde, President of the European Central Bank (ECB), at a press conference on the rate decision in Frankfurt, Germany, Thursday, December 12, 2024.

Bloomberg | Bloomberg | Getty Images

Europe must “be ready” and anticipate potential trade tariffs from recently inaugurated US President Donald Trump, European Central Bank President Christine Lagarde told CNBC on Wednesday.

“What we need to do here in Europe is be prepared and anticipate what will happen in order to respond,” Karen Tso told CNBC.

This is the latest news and will be updated soon.

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