France's Macron: Trump tariff suspension only provides a 'fragile pause' - Headlines news and analysis from Global Banking & Finance Review
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France's Macron: Trump tariff suspension only provides a 'fragile pause'

Published by Global Banking & Finance Review

Posted on April 11, 2025

1 min read

· Last updated: April 11, 2025

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Macron: Trump's Tariff Suspension Offers Only a Fragile Pause

PARIS (Reuters) - French President Emmanuel Macron said on Friday that U.S. President Donald Trump's decision this week for a 90-day suspension on tariffs he had imposed on countries gave room for only a 'fragile pause'.

"The partial suspension of American tariffs for 90 days sends out a signal and leaves the door open for talks. But this pause is a fragile one," wrote Macron on X.

"Fragile, because the 25% tariffs on steel, aluminum and automobiles and the 10% tariffs on all other products are still in place. They represent 52 billion euros ($58.8 billion) for the European Union! Fragile, because this 90-day pause means 90 days of uncertainty for all our businesses, on both sides of the Atlantic and beyond," he added.

Macron reaffirmed that France and the European Union would present a united front in terms of negotiations aimed at reaching a deal and getting the American tariffs removed.

($1 = 0.8848 euros)

(Reporting by Sudip Kar-Gupta, Editing by GV De Clercq)

Key Takeaways

  • Trump's 90-day tariff suspension is temporary.
  • Macron warns of ongoing trade uncertainties.
  • Tariffs affect €52 billion in EU exports.
  • EU aims for united negotiation front.
  • Tariff pause impacts businesses globally.

Frequently Asked Questions

What is the main topic?
The main topic is the temporary suspension of US tariffs by President Trump and its implications as discussed by French President Macron.
What are the tariffs mentioned?
The tariffs include 25% on steel, aluminum, and automobiles, and 10% on other products, impacting €52 billion in EU exports.
What is Macron's stance on the tariff suspension?
Macron views the suspension as a fragile pause, emphasizing the need for EU unity in negotiations to remove tariffs.

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