EU Threatens Trump With Trade War After New Metal Tariffs | France Vows No Hesitation In Retaliation
Video Credit: Oneindia - Duration: 05:21s - Published
EU Threatens Trump With Trade War After New Metal Tariffs | France Vows No Hesitation In Retaliation
The European Union is gearing up for a fierce trade battle after former U.S. President Donald Trump announced a sweeping 25% tariff on all steel and aluminum imports.
French Finance Minister Jean-Noël Barrot issued a stark warning, declaring that the EU will take reciprocal measures and will not hesitate to defend its economic interests.
Barrot recalled that when Trump imposed similar tariffs in 2018, the EU swiftly retaliated—targeting iconic American exports such as Harley-Davidson motorcycles, Levi’s jeans, and bourbon.
With tensions escalating, Brussels is now preparing countermeasures, potentially igniting a fresh transatlantic trade war.
Will the EU’s response deter Trump, or is the world on the brink of another economic showdown?
Stay tuned for updates on this high-stakes trade conflict.
#TrumpTariffs #EUTariffs #FranceTrumpTariffs #TradeWar #TrumpVsEU #SteelTariffs #AluminumTariffs #USTradePolicy #TrumpEconomy #EuropeRetaliates #TradeConflict #TariffBattle #GlobalTrade #TrumpTradeWar #EUResponse #EconomicShowdown
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The European executive has announced that it would retaliate against US tariffs on aluminium and steel if they are confirmed, considering them unlawful and counterproductive.
Credit: euronews (in English) Duration: 02:35Published
In a major escalation of his trade policy, President Donald Trump has announced that the United States will impose a sweeping 25% tariff on all steel and aluminum imports, with additional metal duties expected later this week. Speaking aboard Air Force One, Trump also revealed plans for reciprocal tariffs, vowing to match the trade policies of other nations. This move could have significant consequences for key trading partners like Canada, Mexico, and the European Union. Trump has long criticized foreign tariff imbalances, especially the EU’s 10% auto tariff versus America’s 2.5% rate.
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