European Central Bank President Christine Lagarde weighed in on the ongoing trade tensions, suggesting that additional tariffs from the US administration would have only marginal effects on Europe's inflation outlook. Her remarks signal the ECB's measured stance amid global trade policy uncertainty. While tariff escalations typically create ripple effects across international markets through supply chain disruptions and commodity prices, Lagarde's position implies the eurozone may face relatively contained pressure compared to other economies more exposed to trade shocks. The comment reflects central banks' ongoing balancing act between monitoring inflation risks and supporting economic growth in an unpredictable policy environment.