In the view of ECB President Christine Lagarde, one response to the US tariff policy is to strengthen the EU internal market.

"Sure, the US is big, an important place, and also an important trading partner for us. But what we need to do is cultivate our own garden here at home," the central bank chief said on ARD's Morning Magazine. "We have enormous potential in Europe." Goods, capital, and people must be able to move freely within the community. Lagarde called for overcoming internal barriers and standardizing licensing procedures and other national requirements.