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【环球财经】拉加德:美国关税政策拖累欧元区经济增长
Xin Hua She·2025-08-20 22:52

Core Viewpoint - The European Central Bank President Lagarde indicated that the Eurozone's economic growth is expected to slow in the third quarter due to the impact of U.S. tariff policies [1] Economic Impact - The global economy is facing significant challenges, although it continues to grow, and the Eurozone has shown some resilience [1] - The high tariff policies have distorted economic activities, leading to increased inventory by importers in the first quarter to avoid tariff impacts, which temporarily boosted international trade and investment [1] Sector Performance - The pharmaceutical industry in the Eurozone experienced growth exceeding expectations in the first quarter due to high export levels to the U.S. [1] - However, as the tariff policies took effect, this positive impact is reversing, and a slowdown in economic growth was already evident in the second quarter, with expectations of continued weakness in the third quarter [1] Trade Relations - While the U.S. remains a significant trading partner for Europe, there is a call for Europe to leverage its export-oriented economic strengths and diversify its trade relationships [1]