Euro Zone Can Handle Higher US Tariffs, ECB’s Lagarde Tells Fox

Higher US tariffs won’t derail the euro-area economy, which is on the brink of a recovery, European Central Bank President Christine Lagarde said.

“Once there is certainty and it’s not going to be challenged and renegotiated a hundred times, I think that enterprises are going to deal with it,” Lagarde told Fox Business’s Mornings with Maria in an interview broadcast Monday. Higher levies will only have “a small impact” on gross domestic product, she said.