Economy

French PM Francois Bayrou Warns: Swapping US Goods for Chinese Amid Trade Turmoil Is 'Dangerous'

French Prime Minister's Stark Warning on Trade Shifts

In a bold statement on Friday, French Prime Minister Francois Bayrou cautioned against the naive strategy of replacing US products with Chinese ones during the ongoing trade disputes. Highlighting the risks involved, Bayrou described such a move as not only dangerous but also a misguided approach to navigating the current economic turbulence.

Emphasizing Economic Activity Over Market Closure

During his conversation with journalists, the Prime Minister underscored his preference for stimulating economic activity rather than resorting to the closure of markets. His remarks shed light on a proactive stance towards fostering global trade relations amidst challenging times.

Critique of US Tariff Policies

Bayrou didn't shy away from criticizing the recent tariff impositions by the US President, likening their impact to an earthquake. This strong condemnation reflects the growing concern among global leaders over the destabilizing effects of unilateral trade measures.