【European Central Bank Vice President Guindos: If Trump Implements Tariff Plan, Inflation Faces Huge Shock】Golden Finance reports that European Central Bank Vice President Luis de Guindos stated that if Trump implements the import tariff levels he threatened during his campaign, global economic growth and inflation could face a devastating shock. Guindos said on Wednesday at an event in London that economic output will weaken, price pressures will increase, and existing trade flows will be disrupted. The European Central Bank will incorporate any policies announced by the new U.S. government into its outlook before deciding how to respond. Guindos indicated that policymakers will continue to be guided by data and will pay particularly close attention to bank loan surveys to determine whether the financing environment is stimulative or restrictive. He stated that the forecasts scheduled for release next month will not differ significantly from those in September.