France Cuts 2025 Growth Forecast as Trade Uncertainty Looms

France's government has lowered its growth forecast for 2025 due to the uncertainty surrounding global trade – just hours after the US President Donald Trump announced that he is suspending a massive tariff increase.

» Published: April 10 2025

France Cuts 2025 Growth Forecast as Trade Uncertainty Looms
Photo: Thomas Padilla/AP/TT

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The previously predicted annual growth of 0.9 percent is now being lowered to 0.7 percent. This is stated by Finance Minister Eric Lombard to the TV channel TF1.

Whether further downward adjustments can become relevant depends, according to the minister, on future tariff negotiations.

If we succeed in lowering the tariffs, it could even go better for us, and if we don't, then we'll see, he says.

The fact that Trump has now paused his further increased tariffs is good news according to Lombard, who, however, urges calm in the storm.

We must remain calm.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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