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World

France's Le Maire expects trade tensions will slow the economy in 2020

He said he expected 2019, GDP growth to come in at around 1.3pc but declined to give a figure for next year. W
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  • He said he expected 2019, GDP growth to come in at around 1.3pc but declined to give a figure for next year.
  • We can clearly see a slowdown coming for 2020, because there are commercial crises, there is tension between China and the United States, says Le Maire.

PARIS: Finance Minister Bruno Le Maire said on Monday he expected the French economy to slow next year because of trade tensions worldwide.

"We can clearly see a slowdown coming for 2020, because there are commercial crises, there is tension between China and the United States. That is one more reason to boost economic activity," Le Maire told BFM television.

He said he expected 2019, GDP growth to come in at around 1.3pc but declined to give a figure for next year. He also said  inflation is "very weak".

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