France: Europe will respond in a similar way to possible US duties

‘Europe will respond in analogue to possible enforcement dictatorial by US President Donald Trump, but will not escalate tensions under any circumstances, “his industry minister said today (2.4.2024) FranceMark Feratsi.

“Europe is always in favor of negotiating and appealing the spirits, because trade wars, as you know, have only lost,” the French industry minister said in reaction to duties, the RMC radio station.

US President Donald Trump is expected to announce sweeping new duties today to his country’s global commercial partners, which raises concerns about price increases and is likely to cause the implementation of rewarding measures from other countries.

Source: RES – EIA