“With Trump … there will be an immediate increase in tariffs, protectionism like we have never known, and the Europeans — not just the Chinese — will be the victims,” former French President Francois Hollande said.
“Never before could an American presidential election have such important consequences for France, for Europe and for the world,” if Donald Trump wins, the French socialist former president warned yesterday Monday, during an interview with BFMTV Francois Hollande.
“With Trump, it won’t just be a repeat of what we saw in (his) first term: there will be an immediate increase in tariffs, protectionism like we’ve never seen, and the Europeans — not just the Chinese — will be the victims.” discounted the former head of state.
If the Republican wins today’s election, “we will have higher unemployment, weaker growth and also possibly higher inflation because there will be a very large American budget deficit and undoubtedly monetary policy that will go with that because the American deficit has to be financed,” continue.
“The war in Ukraine will stop if Trump wins, but for Putin’s benefit: Putin will win,” predicted the former president, who has been a member of the French Socialist Party (PS) since July.
“Even if Putin wins, he will not stop there, he will go further,” he said, referring to Georgia, Moldova, Armenia, Azerbaijan…
Francois Hollande warned against a threatened US-China clash in the event of a Republican victory, “probably mainly in the trade and economic field, but also possibly in the military field.”
Donald Trump also exhibits “unusual behavior”, the former French president also observed, referring to “his relationship with the president of North Korea” and the undermining of “Atlantic solidarity”.
Source :Skai
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