Trump’s fresh round of trade tariffs will add more uncertainty to the world economy, the Bank of France governor Emmanuel Moulin has said this morning.
Moulin said that while Trump should abide by the terms of the 2025 trade deal struck with the EU at Trump’s Turnberry golf course, the new levies could still disrupt the global economy.
For Europe, it ought not to change much because we have the Turnberry agreement which should be respected by Donald Trump. But obviously it creates more uncertainty for world trade and clearly it’s not favourable for growth.
The United States has had a forced labour import ban for nearly a century, and rigorously enforces it; it’s well past time for our trading partners to do the same.
I am encouraged by the trading partners who have moved quickly to adopt forced labor import prohibitions, and look forward to ensuring their effective enforcement.”
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