France could see a 0.5 percentage point reduction in gross domestic product growth as a result of U.S. President Donald Trump's tariff policies, Prime Minister Francois Bayrou said in an interview on Saturday.

In an interview with French weekly Le Journal du Dimanche, French finance minister Eric Lombard pointed out that the EU had several tools at its disposal.

Minister for Europe and Foreign Affairs of France, Jean-Noël Barrot, asked that President Trump reconsider imposing reciprocal tariffs and a 10% minimum tariff on all imports.

Demos against US President Donald Trump and Elon Musk are taking place across the US and Europe. Meanwhile, Trump's 10% "universal" tariffs hit many countries, sparking fears of a global trade war. DW has the latest.

France expects tariffs to be announced later on Wednesday from U.S President Donald Trump on French and European products to be in the range of 20-25%, leading to "major economic disorder", said government spokeswoman Sophie Primas on Wednesday.

US President Donald Trump’s sweeping tariffs on allies and adversaries alike have wiped off $5 trillion in market value from S&P 500 companies by the close of trading on Friday — marking a record two-day loss.

Countries in Southeast Asia, major sources of exports to the US, are angling to accommodate President Donald Trump rather than retaliate against his punishing tariffs, seeking to keep exports flowing to one of their biggest markets.