Europe will respond proportionately to likely Trump tariffs, French industry minister says
Published by Global Banking & Finance Review®
Posted on April 2, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 2, 2025
1 min readLast updated: January 24, 2026
Europe plans a proportionate response to Trump's tariffs, focusing on negotiation to avoid escalation, according to French industry minister Marc Ferracci.
PARIS (Reuters) - Europe will respond to the likely implementation of tariffs by U.S. President Donald Trump in a proportionate manner but will not escalate tensions under any circumstances, French industry minister Marc Ferracci said on Wednesday.
"Europe has always been on the side of negotiation and calming things down, because trade wars, you know, only produce losers," Ferracci told RMC radio.
U.S. President Donald Trump will announce sweeping new reciprocal tariffs on global trading partners on Wednesday, raising concerns about price increases and likely prompting retaliation from other countries.
(Reporting by Gianluca Lo Nostro in Paris; Editing by Sudip Kar-Gupta)
The main topic is Europe's response to the likely implementation of tariffs by U.S. President Donald Trump.
Europe plans to respond proportionately and emphasizes negotiation to avoid escalating tensions.
French industry minister Marc Ferracci commented on Europe's response.
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