Tariffs give Europe an opportunity to assert itself as a superpower, central bank governor says
1. Trade tariffs create uncertainty for global markets and economies. 2. Europe sees an opportunity to strengthen its geopolitical role amid this uncertainty. 3. The IMF downgraded economic growth forecasts for the U.S. and globally. 4. Global recession risks are notable and should be monitored closely. 5. The ECB may adjust policies based on evolving tariff situations.