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US Treasury Secretary affirms US-EU economic relationship in call with ECB's Lagarde

Published by Global Banking & Finance Review

Posted on February 4, 2025

1 min read

· Last updated: January 26, 2026

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US Treasury Secretary Scott Bessent discusses US-EU economic ties with ECB President Lagarde - Global Banking & Finance Review
Image of US Treasury Secretary Scott Bessent on a call with ECB President Christine Lagarde, emphasizing the importance of US-EU economic ties and transatlantic cooperation.
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(Reuters) - U.S. Treasury Secretary Scott Bessent affirmed the importance of the U.S.-EU economic relationship and transatlantic cooperation in an introductory call with European Central Bank

US Treasury Secretary Highlights US-EU Economic Ties

(Reuters) - U.S. Treasury Secretary Scott Bessent affirmed the importance of the U.S.-EU economic relationship and transatlantic cooperation in an introductory call with European Central Bank President Christine Lagarde, the Treasury Department said on Tuesday.

Bessent and Lagarde discussed shared economic priorities and key policy areas of mutual interest, the Treasury Department said in a statement.

The two spoke days after U.S. President Donald Trump declared that he would soon impose tariffs on imports from the European Union. At an informal meeting in Brussels on Monday, the bloc's 27 leaders discussed how to tackle the evolving relationship with Washington.

(Reporting by Ismail Shakil in Ottawa; Editing by Scott Malone)

Key Takeaways

  • Scott Bessent affirms US-EU economic relationship.
  • Discussion with ECB's Christine Lagarde on shared priorities.
  • Call follows US tariff threats on EU imports.
  • EU leaders meet to address US relations.
  • Focus on transatlantic cooperation.

Frequently Asked Questions

What is the main topic?
The main topic is the affirmation of the US-EU economic relationship by US Treasury Secretary Scott Bessent in a call with ECB President Christine Lagarde.
What did Bessent and Lagarde discuss?
They discussed shared economic priorities and key policy areas of mutual interest.
What recent action by the US is relevant?
US President Donald Trump recently declared plans to impose tariffs on imports from the European Union.

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