Berlin, Aug 20, 2025 (AFP) - Uncertainty persists despite EU-US trade deal: Lagarde

NAMPA / AFP

2025-08-20

The US-EU trade deal has eased but "certainly not eliminated" global uncertainty, European Central Bank President Christine Lagarde said Wednesday. Speaking at a panel at the World Economic Forum in Geneva, Lagarde said the deal had left the effective US tariff rate for EU goods at between 12 and 16 percent. The tariff rate was "somewhat higher" than the ECB had forecast, she said, adding that President Donald Trump's plans for sector-specific le......

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