EU is ready to push the trigger in response to Trump, says French foreign minister

  • Remarks by French foreign minister, Jean-Noel Barrot
  • This is already what Trump did in 2018 and we responded
  • So, we will again respond
  • Ready to push the trigger when the time has come and now it has
  • It is in nobody's interest to start a commercial war with the EU

Trump is threatening with fresh 25% tariffs on all steel and aluminum imports into the US and that is on top of existing metals duties. Biden had previously negotiated duty free quota arrangements with the EU on this, after Trump having imposed 25% tariffs on steel and 10% tariffs on aluminum during his first term. So, those quota arrangements look to be thrown out the window perhaps.

Top Brokers

Sponsored

General Risk Warning