Trump tariffs could cut GDP growth by 0.5 pct points, French prime minister says

US customs duties will not only have consequences for French companies, as evidenced by the sharp declines in stock markets: in a week, the CAC 40 index has lost more than 10% and has gone back to the 7,000 mark. Donald Trump's decision could affect the world economy. What François Bayrou clearly explained in Le Parisien: "The imposition of these delirious tariffs will lead to a global crisis." He has shown himself a little more precise about th…

French government sounds alarm on trade war's economic and budgetary effects

Prime Minister François Bayrou estimated that tariffs could cost France 0.5 points in growth. The figure, which might seem alarmist, sets the stage for further budgetary cuts.

Goldman trims 2025 targets for Chinese stocks as Trump tariffs slam markets

Goldman trims its 12-month upside targets for the MSCI China Index and CSI 300 Index, after a bullish upgrade in mid-February.

France’s Bayrou accuses Trump of ‘interference’ with Le Pen rant

French prime minister also says Trump’s trade war will cut France’s economic growth by more than 0.5 percentage point.

French Prime Minister Bayrou has drawn attention to the drastic effects of US President Trump's tariff increases.

US tariffs could cost France 0.5% of GDP, French PM says

French Prime Minister Francois Bayrou said US President Donald Trump's global trade tariffs could cost France more than 0.5% of its GDP, in an interview released Saturday.