Trump's tariffs are making the ECB's interest rate path 'more complicated,' policymaker says

Pierre Wunsch, member of the ECB’s Governing Council, stated that Trump’s tariff policies are complicating the path for European Central Bank interest rates, potentially impacting growth and inflation. Trump recently announced tariffs on non-U.S. cars and threatened larger tariffs on the EU and Canada, adding to the uncertainty surrounding trade policies. Despite the upcoming April 2 deadline for tariffs, adjustments may still be made, indicating ongoing volatility in Trump’s trade strategy.

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