<2> France Says EU Has Tools to Hit Back at Trump Over Tariffs
<3> EU Must Be Prepared to Retaliate, Says France’s Trade Minister
France’s trade minister, Franck Riester, has stated that the European Union has the necessary tools to hit back at the United States over tariffs imposed by President Donald Trump. Riester emphasized that the EU must be prepared to retaliate in order to protect its interests and maintain a level playing field in global trade.
<4> EU’s Trade Policy Must Be Unified, Says Riester
Riester stressed that the EU’s trade policy must be unified in order to effectively counter the US tariffs. He noted that the EU has a strong trade policy framework in place, which includes the ability to impose tariffs on US goods in response to the US tariffs.
<5> Beijing Warns of Turmoil in Global Trade
Meanwhile, Beijing has warned of turmoil in global trade as a result of the US tariffs. China’s Commerce Ministry has stated that the US tariffs will have a negative impact on the global economy and will lead to trade tensions escalating.
<6> EU Must Be Prepared to Make Sacrifices, Says Riester
Riester acknowledged that the EU may need to make sacrifices in order to