European Central Bank President Christine Lagarde expressed confidence on Tuesday that there is room for tariff negotiations between the United States and the European Union. In a public statement, Lagarde noted that such discussions could take 75 to 100 days but remain crucial for stabilizing the global economic outlook.

"US trade policy has an impact on our outlook, both positive and negative," Lagarde stated, emphasizing the importance of managing bilateral economic ties. She reiterated that the European Union's trade practices with the US have been fair and highlighted the need for continued dialogue and mutual respect in transatlantic relations.

Lagarde also addressed growing speculation about the status of Federal Reserve Chair Jerome Powell, urging that any move to remove him by US President Donald Trump should be off the table. "I hope the dismissal of Chair Powell is not being considered," she said, underscoring the importance of central bank independence in preserving global financial stability.

Her remarks come amid heightened global focus on tariffs, inflation, and cross-border trade dynamics. Lagarde suggested that while the full effects of tariffs remain uncertain, maintaining structured negotiations could prevent broader economic disruptions and foster collaboration between the US and EU.

With no current recession foreseen in the EU, Lagarde's cautious optimism signals a strategic approach to economic cooperation under President Trump’s leadership, particularly as the US reaffirms its assertive stance on trade and monetary policy.