EU, US need 'serious' trade talks on some sectors, says ECB's Lagarde - Headlines news and analysis from Global Banking & Finance Review
Headlines

EU, US need 'serious' trade talks on some sectors, says ECB's Lagarde

Published by Global Banking & Finance Review

Posted on April 22, 2025

1 min read

· Last updated: April 22, 2025

Add as preferred source on Google

EU and US Require Serious Trade Talks, ECB's Lagarde States

WASHINGTON (Reuters) -The European Union and the United States can work out a deal on trade but they may need to do have some "serious" and "tedious" negotiations on some sectors, European Central Bank President Christine Lagarde said on Tuesday.

"I'm sure that there can be a dialogue," Lagarde said on CNBC.

"There might be sectors where serious negotiations need to be had," she added. "It's going to require tedious, serious work to get down to what is acceptable to the parties and where the vulnerability points are addressed. And it's not just on one side. It's on both sides."

(Reporting by Francesco Canepa; Editing by Andrew Cawthorne)

Key Takeaways

  • EU and US need serious negotiations on trade.
  • Christine Lagarde emphasizes dialogue potential.
  • Some sectors require tedious work to reach agreement.
  • Both sides have vulnerabilities to address.
  • Lagarde optimistic about possible trade deal.

Frequently Asked Questions

What is the main topic?
The main topic is the need for serious trade negotiations between the EU and US, as stated by ECB's Christine Lagarde.
What did Christine Lagarde say about trade talks?
Lagarde mentioned that some sectors require serious and tedious negotiations to address vulnerabilities on both sides.
Why are trade talks necessary?
Trade talks are necessary to work out a deal and address vulnerabilities in specific sectors between the EU and US.

Related Articles

More from Headlines

Explore more articles in the Headlines category