Economy

French PM Francois Bayrou Cautions Against Shifting from US to Chinese Goods Amid Trade Turmoil

French Prime Minister's Warning on Trade Shifts

In a recent statement, French Prime Minister Francois Bayrou expressed concerns over the idea of replacing US products with Chinese ones during the ongoing trade disputes. He labeled such a move as "dangerous" and "naive", advocating instead for the promotion of economic activity over market closures.

Impact of US Tariffs

Bayrou also touched on the repercussions of the US President's tariff impositions, describing them as feeling like "an earthquake". His comments underscore the delicate balance of international trade relations and the potential risks of abrupt shifts in trade partnerships.