US Tariffs Could Cut France GDP by Over Half a Point, PM Says

French Prime Minister Francois Bayrou warned a trade war could harm France’s effort to reduce its budget gap.

Photographer: Nathan Laine/Bloomberg
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US tariffs on France could cost the country more than half a point off its economic output and derail efforts to close the budget deficit, French Prime Minister Francois Bayrou said in an interview with Le Parisien newspaper published late Saturday.