Villeroy: Trump's policies may have a negative impact on the economy

ChainCatcher news, according to Jinshi reports, French central bank governor Villeroy reiterated on Wednesday that U.S. President Trump's tariff policy is likely to have a negative impact on the economy. "Protectionism is an enticing short-term policy, but in the long run, it is a failed strategy," he added. Villeroy also reiterated that France may avoid an economic recession by 2025. The French central bank stated on Tuesday that the French economy is expected to grow by 0.1-0.2% in the first quarter compared to the previous three months.