The European Union should unite in response to any U.S. tariffs on its steel along with aluminium exports — along with This kind of could retaliate alongside nations through outside Europe, the French economy along with finance minister told CNBC.
“I think the first is actually to have a common response through the member states through the European Union,” Bruno Le Maire said on Monday. although then, if various other countries want to take part inside the EU response, “of course, we are kind of open to these discussions.”
He called for “European forces to think about common concern, a common response, along with to deliver a response if necessary.”
Le Maire’s comments come after U.S. President Donald Trump announced last week a proposal to raise import taxes to 25 percent on steel along with 10 percent on aluminum. The tariffs could particularly hurt car exporters along with construction firms in countries around the planet that will are on the tariffs list.