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Trump policy 'a tragedy for the American economy,' French central banker says

President Donald Trump's administration is inflicting more damage on the U.S. economy with its policies than on the rest of the world, France's central bank head said on Thursday. "It's a shock for the world economy, but even more so for the American economy," Villeroy said at a conference at the German embassy in Paris with his German counterpart. "It's firstly a tragedy for the American economy," he added.

Mnuchin Discounts US Recession, Says Stock Retreat ‘Makes Sense’

(Bloomberg) -- Former Treasury Secretary Steven Mnuchin discounted risks of a US recession, and played down the current selloff in equities, advising investors against overreacting to President Donald Trump’s aggressive trade tactics.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspe