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- Europe Prepares for Tariff Retaliation Amid Rising US-EU Trade Tensions
Europe Prepares for Tariff Retaliation Amid Rising US-EU Trade Tensions
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Emmanuel Macron, the President of France, has expressed skepticism towards the European Union being a top priority for the United States. He warned that tariffs imposed by the US on European imports would have a negative impact on the economies of both Europe and the US, due to the significant economic ties between the two.
Of course ... This is already what Donald Trump did in 2018, and we responded. We will again respond.
It (the Commission) is ready to push the trigger when the time has come. Now this time has come. It is in no-one's interest to start a commercial war with the European Union.
This is why, for me, the top priority of Europe is competitiveness agenda, is defense and security agenda, is AI ambition, and let's go fast for ourselves. If in the meanwhile, we have [a] tariff issue, we will discuss them and we will fix it.
Is the European Union your first problem? No, I don't think so. Your first problem is China, so you should focus on the first problem.
It means if you put tariffs on a lot of sectors, it will increase the costs and create inflation in the US. Is it what your people want? I'm not so sure.
Trump's tariffs
- Donald Trump Orders Retailers to Absorb Tariffs, Rules Out Price Hikes for Consumers
- Donald Trump Orders Retailers to Absorb Tariffs, Rules Out Price Hikes for Consumers
- Donald Trump Announces 90-Day Tariff Reduction with China
sources
perspectives
- 1.US under Donald Trump
- 2.Chinese Foreign Policy
- 3.US-China Relations
- 4.Immigration to the US
- 5.US Economy
- 6.Inflation
- 7.Trade Agreement
- 8.World Economy
- 9.US-India relations
- 10.Mexico under Claudia Sheinbaum
- 11.US-EU relations
- 12.United States–Mexico–Canada Agreement
countries
- 1.Canada
- 2.China
- 3.France
- 4.Mexico
- 5.United States
