ECB's Villeroy says Trump tariffs will increase economic uncertainty
Published by Global Banking and Finance Review
Posted on February 3, 2025
1 min readLast updated: January 26, 2026

Published by Global Banking and Finance Review
Posted on February 3, 2025
1 min readLast updated: January 26, 2026

French central bank governor Villeroy warns that Trump's tariffs will increase economic uncertainty, despite some positive economic news.
PARIS (Reuters) - Trade tariffs imposed by US President Donald Trump will increase economic uncertainty, French central bank governor Francois Villeroy de Galhau said on Monday.
"Looking at the economic news, there are some rather positive elements, there is a recovery of purchasing power ... however, the decision of Mr. Trump to impose strong tariffs will increase economic uncertainty," Villeroy told France Info, adding that this was a very worrying development.
(Reporting by Sudip Kar-Gupta and GV De Clercq)
The main topic is the impact of Trump's tariffs on economic uncertainty as discussed by Francois Villeroy de Galhau.
According to Villeroy, Trump's tariffs increase economic uncertainty, despite some positive economic developments.
Francois Villeroy de Galhau is the governor of the French central bank.
Explore more articles in the Headlines category

