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French Central Bank Governor: Trump's New Tariffs Create Global Economic Uncertainty
Emmanuel Moulin, Governor of the Banque de France, stated that the US administration's tariff hikes on trading partners are adding significant pressure and uncertainty to the global economy. These measures, affecting 60 countries/regions including the EU and China, could hinder global economic growth.
Emmanuel Moulin, Governor of the Banque de France, stated on Friday that the tariff hike measures by the US administration of President Donald Trump on its trading partners are adding significant pressure and uncertainty to the global economy, according to Reuters. The Trump administration announced new tariffs ranging from 10% to 12.5% on goods imported from 60 countries/regions (including the European Union and China), citing accusations of lax law enforcement. Mr. Moulin pointed out that for Europe, the impact might not be significant due to the "Turnberry Agreement" (a trade agreement made in 2025 at the Turnberry golf course) that Trump must respect. However, Mr. Moulin told BFM Business that these tariff measures remain a major obstacle, creating uncertainty for global trade and disrupting the overall growth of the world economy. Source: Koh Santepheap Khmer
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Koh Santepheap Khmer