ECB President's Reaction to Trump's Tariff Threats

Christine Lagarde, the President of the European Central Bank (ECB), expressed her lack of surprise regarding President Donald Trump's recent threats to impose tariffs on European goods. Lagarde emphasized the importance of the European Union being prepared to respond appropriately to any such measures.

Insights from Davos

During her conversation with CNBC at the World Economic Forum in Davos, Lagarde suggested that Trump's approach to tariffs would likely be selective. She also mentioned that the EU would keep a close watch on any developments in this area in the near future.