ECB's Villeroy says Trump tariffs will increase economic uncertainty
ReutersFeb 3, 2025 7:48 AM
PARIS, Feb 3 (Reuters) - Trade tariffs imposed by US President Donald Trump will increase economic uncertainty, French central bank governor Francois Villeroy de Galhau said on Monday.
"Looking at the economic news, there are some rather positive elements, there is a recovery of purchasing power ... however, the decision of Mr. Trump to impose strong tariffs will increase economic uncertainty," Villeroy told France Info, adding that this was a very worrying development.
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