French industry minister says Europe needs firm, proportionate response to US tariffs ...Middle East

Europe needs to show a united frontAnalysing impact of hit to jobs from US tariffs in order to calibrate response

At least for now, Trump is clearly not going to back down. And that is made evident by his response to China. So, escalating tensions via counter-tariffs here will result in the same for the EU. Hence, their sort of delayed response in retaliating for the time being.

This article was written by Justin Low at www.forexlive.com.

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