European Central Bank (ECB) President Christine Lagarde has called out recent U.S. tariff policies, warning they could destabilize economies worldwide. Speaking with Irish broadcaster Newstalk, Lagarde stressed that these measures amplify global uncertainty and risk harming all nations involved—not just the targeted ones. 🌎⚖️
"It will be negative the world over," she said, noting that the scale of damage depends on how long tariffs last and whether negotiations resume. Lagarde compared trade disputes to a risky game of chess: "Eventually, players return to the table—but not before losses stack up." ♟️💬
The ECB chief also highlighted growing unpredictability in international markets, fueled partly by shifting U.S. trade strategies. "Predictability is in very short supply at the moment," she added, urging stakeholders to brace for ripple effects.📊🌪️
In earlier remarks to French media, Lagarde framed the situation as a wake-up call for the EU. "We can decide to take our destiny into our own hands," she said, hinting at a push for greater economic independence.🇪🇺✨
