French President Emmanuel Macron has called on the European Union to stand united and prepare for decisive action in response to the US administration’s proposed 30% tariffs on EU exports, set to begin August 1 unless an agreement is reached. (Photo: Social)
French President Emmanuel Macron has called on the European Union to stand united and prepare for decisive action in response to the US administration’s proposed 30% tariffs on EU exports, set to begin August 1 unless an agreement is reached.
In a post on X, Macron expressed support for the European Commission’s decision to extend suspension of retaliatory tariffs but said preparations for credible countermeasures must be accelerated.
“With European unity, it is more than ever up to the Commission to assert the Union’s determination to resolutely defend European interests,” Macron stated.
France has been involved in high-level coordination alongside Germany and Italy as the EU seeks a diplomatic resolution.
However, the French government has signalled its readiness to implement up to €72 billion in retaliatory tariffs should talks break down.
Trade ministers are meeting this week in Brussels to review the US position and assess sectoral impacts, including tariffs on cars, agriculture, and metals.
France supports EU unity and warns of firm retaliation if trade talks with the US fail, emphasizing a strategic stance ahead of August 1.
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Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
He is committed to entrenched data, facts, research, solutions, and a dedication to value-based journalism. He has covered trade tariff wars, international alliances, corporate policies, government initiatives, regulatory developments, along with micro- and macroeconomic shifts impacting global fiscal dynamics.
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