French Industry Minister Urges Europe to Respond Firmly and Unitedly to US Tariffs

Photo of author

By Garry

French Industry Minister Urges Europe to Respond Firmly and Unitedly to US Tariffs

French Industry Minister Urges Europe to Respond Firmly and Unitedly to US Tariffs

Trump Imposes 25% Tariff on Steel and Aluminum

U.S. President Donald Trump has announced a flat 25% tariff on steel and aluminum imports, eliminating previous exemptions. This move aims to protect American industries but has sparked concerns about potential global trade tensions.

French Industry Minister Calls for Unity

French Industry Minister Marc Ferracci has urged European nations to respond in a firm and united manner. While France is not a major producer of these metals, Ferracci warned that redirected Chinese imports could flood the European market.

We must stay united, we must respond in a firm manner. Europe is capable of doing this,” Ferracci stated.

European Commission Denounces Tariffs

The European Commission has labeled the U.S. tariffs as “illegal and economically counterproductive.” It has pledged to take measures to protect EU interests, with officials considering countermeasures similar to those implemented in 2018.

EU Leaders Signal Retaliation

German Chancellor Olaf Scholz and French President Emmanuel Macron have signaled a strong response. Macron emphasized that the EU must “make itself respected and therefore react” if its commercial interests are threatened.

Next Steps

EU leaders are in discussions about the appropriate course of action to safeguard European industries and ensure fair trade practices. The situation remains fluid as negotiations and potential retaliatory measures unfold.

“French Industry Minister Urges Europe to Respond Firmly and Unitedly to US Tariffs”

Leave a Comment