Economy

French PM Francois Bayrou Cautions Against Swapping US for Chinese Goods Amid Trade Tensions

French PM Warns Against Trade Shifts Amid US-China Turmoil

In a recent statement, French Prime Minister Francois Bayrou expressed concerns over the potential shift from US to Chinese products during ongoing trade disputes. Labeling the idea as "dangerous" and "naive," Bayrou emphasized the importance of fostering economic growth rather than resorting to market closures.

"When the President of the United States imposes tariffs, it feels like an earthquake," Bayrou remarked, criticizing the current trade policies. His comments highlight the broader implications of trade wars on global markets.