Trump's Economic Policies Harm the U.S. and Global Economy - French Central Banker
Investing.com -- French European Central Bank (ECB) policymaker Francois Villeroy de Galhau stated on Thursday that the current economic developments in the U.S. under the Trump administration have negatively impacted the global economy, with the U.S. economy being the most affected. Villeroy de Galhau, who plays a significant role in determining monetary policies for the Eurozone, expressed concerns about U.S. economic policies without going into specifics. These remarks reflect a growing concern among international policymakers regarding the global implications of the U.S. economic approach.
The ECB policymaker did not elaborate on the specific policies causing the negative shock. However, these comments come at a time when the global economy is already grappling with uncertainties, further complicated by the economic developments in the U.S.