The statements of ECB President Christine Lagarde to the Financial Times were as follows:
- Trump pointed to a range of tariffs ranging from 10 to 20% for the rest of the world.
- The fact that you have established a range of tariffs means that you are open to discussion.
- European leaders should negotiate with US President-elect Donald Trump on trade issues.
- We can offer to buy certain things from the United States and indicate that we are ready to discuss to see how we can reach a compromise
- I proposed a strategy to increase purchases of American products, such as liquefied natural gas and defense equipment, to ease tensions and avoid an eye-for-an-eye scenario.
- A full-scale trade war will cause a negative hindrance to global growth.
- The actual net effect on inflation is still uncertain at this stage.
- It is very difficult to assess the forecast as you may have a combination of a decline in GDP and a possible decline or rise in the value of the dollar.
