ECB’s Lagarde warns Trump’s trade war could hit global growth, inflation. She indicates that escalating tariffs risk severe economic consequences, while stressing the ECB’s challenge in stabilising inflation amid record-high uncertainty.

A full-scale global trade war would hurt the United States in particular and could re-energise Europe's push towards unity, European Central Bank President Christine Lagarde said on Friday. The U.S. has imposed a raft of tariffs on friends and foes alike and threatened even more measures,

Investing.com -- European Central Bank (ECB) President, Christine Lagarde, on Friday expressed her concerns about the potential impacts of a full-scale global trade war. She highlighted that such a conflict would particularly harm the United States and could stimulate Europe’s drive towards unity.