France’s Lombard Says US Trade Deal Gives Businesses Visibility

The French Finance Minister, Eric Lombard, has stated that the European Union's trade deal with the United States provides businesses with the necessary visibility to invest, despite the tariffs being a "lose-lose" situation. Lombard's comments come amid ongoing trade tensions between the EU and the US. While the trade deal may not have eliminated all tariffs, it has provided companies with a degree of certainty, allowing them to plan their investments more effectively. The minister acknowledged that the tariffs are not ideal for either side, but emphasized that the trade deal has given businesses the visibility they need to make informed decisions and invest in their operations. This suggests that the agreement, despite its limitations, has provided a measure of stability in the otherwise turbulent trade landscape. Overall, Lombard's remarks highlight the importance of international trade agreements in providing businesses with the confidence and clarity they require to invest and thrive, even in the face of challenging trade conditions.