ECB's Villeroy: Trump's Policies Erode US Dollar Confidence
PARIS (Reuters) - US President Donald Trump's policies in recent weeks have eroded confidence in the US dollar, European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Thursday.
Speaking on France Inter radio, Villeroy, who is also head of the Bank of France, also said that the protectionism and unpredictability of the Trump administration were "bad elements" for the US economy.
On Wednesday, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.
(Reporting by Nicolas Delame and Sudip Kar-Gupta; Editing by GV De Clercq)
