PARIS, Jan 20 (Reuters) - Fresh tariffs by the U.S. would weaken economic growth for all parties involved but their impact on European inflation should be rather muted, French central bank chief
New U.S. Tariffs Expected to Have Limited Effect on European Inflation
Impact of U.S. Tariffs on European Economy
PARIS, Jan 20 (Reuters) - Fresh tariffs by the U.S. would weaken economic growth for all parties involved but their impact on European inflation should be rather muted, French central bank chief Francois Villeroy de Galhau told Bloomberg TV in Davos on Tuesday.
Economic Growth Concerns
"On activity, tariffs are obviously bad news for everybody... including the U.S.," Villeroy said.
Previous Tariffs and Inflation
Last year's tariffs did not have an impact on euro zone inflation as they were mostly paid by U.S. consumers, and a similarly muted price outcome is likely in case of fresh duties, Villeroy added.
Expert Insights
(Reporting by Leigh Thomas; writing by Balazs Koranyi; Editing by Sharon Singleton)
