French Prime Minister Francois Bayrou warned that US President Donald Trump's trade tariffs could cost France more than 0.5% of its GDP. In an interview, he expressed concern about job losses, economic slowdowns, and reduced investment as a result of the new tariffs. The tariffs are seen as destabilizing to the global economy, jeopardizing France's fiscal goals. Bayrou also criticized Trump's comments involving French far-right leader Marine Le Pen, calling it interference in French politics. Leaders like Macron are in discussions about how to respond effectively to these tariffs, stating a trade war is undesirable.
French Prime Minister Francois Bayrou emphasized that US tariffs could potentially reduce France's GDP by over 0.5%, raising concerns about job losses and economic slowdown.
Bayrou criticized Trump's tariffs for destabilizing the global economy, warning that such uncertainty undermines France's financial stability and could impact efforts to reduce the deficit.
Emmanuel Macron and UK Prime Minister Keir Starmer agreed that a trade war would be detrimental, yet they acknowledged that all response options remain open.
Bayrou condemned Trump's comments regarding Marine Le Pen as inappropriate interference in French politics, noting that such actions threaten France's sovereignty.
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