<p>Paris: The likely implementation of tariffs imposed by the United States on April 2 means Europe will have to take better control of its future, European Central Bank (ECB) head Christine Lagarde said on Monday.</p><p>"I've tried to describe this as a moment for our Europe... and I see it as the start of a march towards independence," Lagarde said in an interview on France Inter radio</p><p>"He calls it Liberation Day in the United States. I see it as a moment when we must together decide to take better control of our destiny, and I think it's a step towards independence."</p> .<p>Trump is set to announce a comprehensive tariff proposal on what he's called "Liberation Day" this Wednesday, after implementing levies on aluminium, steel, and automobiles, along with increased tariffs on all goods from China.</p><p>"He's someone who always takes a transactional approach. He applies this kind of principle, which is more in the realm of business, to the management of international relations," Lagarde said.</p> .<p>The ECB President reaffirmed her estimate of a decrease of about 0.3 percentage points for Europe in the first year of tariffs on US imports from Europe.</p><p>She added that if Europe responds with reciprocal measures, growth will be even lower, down 0.5 percentage points</p>
<p>Paris: The likely implementation of tariffs imposed by the United States on April 2 means Europe will have to take better control of its future, European Central Bank (ECB) head Christine Lagarde said on Monday.</p><p>"I've tried to describe this as a moment for our Europe... and I see it as the start of a march towards independence," Lagarde said in an interview on France Inter radio</p><p>"He calls it Liberation Day in the United States. I see it as a moment when we must together decide to take better control of our destiny, and I think it's a step towards independence."</p> .<p>Trump is set to announce a comprehensive tariff proposal on what he's called "Liberation Day" this Wednesday, after implementing levies on aluminium, steel, and automobiles, along with increased tariffs on all goods from China.</p><p>"He's someone who always takes a transactional approach. He applies this kind of principle, which is more in the realm of business, to the management of international relations," Lagarde said.</p> .<p>The ECB President reaffirmed her estimate of a decrease of about 0.3 percentage points for Europe in the first year of tariffs on US imports from Europe.</p><p>She added that if Europe responds with reciprocal measures, growth will be even lower, down 0.5 percentage points</p>