ECB'S VILLEROY: US TARIFFS WILL LIKELY NEGATIVELY IMPACT ECONOMY
ECB'S VILLEROY: US TARIFFS WILL LIKELY NEGATIVELY IMPACT ECONOMY
ECB policymaker François Villeroy de Galhau warns that US tariffs will likely have a negative economic impact.
He describes protectionism as a short-term seductive policy but a losing long-term strategy.
France is expected to avoid economic recession in 2025.
The Bank of France estimates 0.1% to 0.2% quarterly growth for the French economy in Q1 2025.
