The governor of the Bank of France, Villeroy, on Wednesday reiterated that U.S. President Donald Trump's tariff policy is likely to have a negative impact on the economy. "Protectionism is an attractive short-term policy, but in the long term it is a losing strategy," he added. Villeroy also reiterated that France is likely to avoid a recession in 2025. The French economy is on track to grow by 0.1-0 percent in Quarter 1 compared with the previous three months, the Bank of France said on Tuesday. (Jin Ten)