Trade tariffs announced by U.S. President Donald Trump could trigger economic uncertainty but the impact on inflation is less clear, European Central Bank Vice President Luis de Guindos said on Monday.

The inflation impact of the tariffs depends on how Trump approaches the measures, but it could be as much as a 0.5 percentage-point increase, according to Deutsche Bank.

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Trade tariffs imposed by U.S. President Donald Trump will increase economic uncertainty, French central bank governor Francois Villeroy de Galhau said on Monday.