TechFlow news, March 26 — According to Jinshi Data, ECB Governing Council member Villeroy stated that the 25% increase in U.S. tariffs in the second quarter will have a limited impact on European inflation, but could reduce the eurozone's annual GDP by 0.3 percentage points.
Villeroy said that in the short term, U.S. President Trump's "lose-lose" strategy is harming America itself, as evidenced by the Federal Reserve downgrading its forecasts. Trump is undermining the multilateral system and increasing long-term risks to financial order and climate.




