French Minister Calls Trade War “Idiotic,” Plans US Visit
French Finance Minister Eric Lombard has strongly criticized the idea of a trade war, calling it “idiotic,” and announced plans to visit the United States to discuss economic cooperation. His remarks reflect France’s concerns over growing global trade tensions and protectionist policies that could impact international markets.
Lombard Criticizes Trade War Policies
Lombard expressed his frustration over escalating trade disputes between major economies, particularly between the US, China, and the European Union. He stated, “A trade war is idiotic because it only leads to economic instability and increased costs for consumers and businesses.”
The minister’s comments come at a time when global trade policies are becoming increasingly protectionist, with rising tariffs and restrictions affecting multiple industries. France has been advocating for open trade and economic partnerships rather than restrictive measures that could hinder global growth.
Planned Visit to the United States
To reinforce France’s position on economic cooperation, Lombard announced his plans to travel to the US, where he is expected to hold discussions with American officials and business leaders. The visit aims to address trade policies, investment opportunities, and strengthening economic ties between France and the US.
The French government has been actively working to maintain strong trade relationships while opposing policies that could trigger retaliatory measures. The upcoming discussions are expected to focus on reducing economic friction and promoting policies that benefit both nations.
Global Economic Implications
Lombard’s remarks highlight broader concerns about the impact of trade wars on global markets. Many economists have warned that prolonged disputes between major economies could slow down international trade, disrupt supply chains, and create financial instability.
As France pushes for diplomatic solutions, the outcome of Lombard’s US visit will be closely watched. His efforts aim to prevent economic barriers that could negatively affect businesses and consumers worldwide, reinforcing France’s commitment to a balanced and cooperative global trade system.
