France Faces Economic Slowdown Amid U.S. Tariff Policies

France's GDP growth may reduce by 0.5% due to U.S. tariffs imposed by President Donald Trump, Prime Minister Francois Bayrou stated. These tariffs could trigger a global economic crisis, causing job losses and slowing economic progress. France and Britain are coordinating to tackle this challenge.

PARIS, April 5 (Reuters) - In an interview with Le Parisien, French Prime Minister Francois Bayrou warned that France's gross domestic product (GDP) growth is projected to suffer a 0.5% reduction as a consequence of U.S. President Donald Trump's tariff policies.

Bayrou criticized the tariffs as 'outrageous,' highlighting the potential for a global economic crisis and significant job losses. The tariffs, announced by Trump, would impose a 20% general tariff on France and other EU countries.

Meanwhile, President Emmanuel Macron discussed coordinating responses with British Prime Minister Keir Starmer. Macron emphasized the need for unity to protect citizens and businesses, asserting that a trade war benefits no one.

(With inputs from agencies.)