European Central Bank (ECB) The person in charge of policies and president of the Bank of France, François Villery of Galhau, said Thursday that the decision of US President Donald “Trump of Pausar Tariffs is less bad news, but there are still elements of bad news in America.”
Additional comments
- Protectionism remains a bad element for the US economy.
- There is space for conversations in the next 3 months about the situation of Trump’s tariffs.
- It is good that Europe has kept calm during conversations with the Trump administration about tariffs.
- Trump’s policies in recent weeks have eroded confidence in the US dollar.
- He reaffirms that he does not expect an economic recession in France.
Market reaction
At the time of publication, EUR/USD is 0.30% higher in the day at 1,0980.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
