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France cuts its growth forecast for 2025 as tariffs spark trade war

France cuts its growth forecast for 2025 as tariffs spark trade war
French Finance Minister Eric Lombard trimmed the government's 2025 growth forecast on Wednesday as a global trade war escalates, but said that the government aimed to stick to its deficit reduction plans. The euro zone's second-biggest economy is now expected to grow only 0.7% instead of the 0.9% it had based its 2025 budget on, Lombard said.

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