Shafaq News/ The European Union wouldretaliate if US President Donald Trump imposes tariffs on EU goods, FrenchForeign Minister Jean-Noël Barrot warned on Tuesday.
Speaking to France’s Sud Radio, Barrotemphasized that such measures would harm US companies operating in Europe. “TheUS has everything to lose from entering a trade war with the European Union,”he said.
“We are their main trade partner,” Barrotnoted, adding that “while Americans buy more European products than we buy fromthem, US businesses invest heavily in Europe.”
He pointed out that tens of thousands ofAmerican companies manufacture on European soil. “Tariffs would harm themfirst.”
Barrot acknowledged that Trump has notdirectly threatened EU tariffs since returning to the White House but urgedEurope to remain vigilant.
Last week, French President EmmanuelMacron and German Chancellor Olaf Scholz reaffirmed their commitment to aunited European response to Trump’s trade policies. Speaking at the ÉlyséePalace in Paris, Macron declared, “The only response to this era is more unity,ambition, boldness, and independence for Europeans.”
Scholz echoed Macron’s sentiments,describing Trump’s policies as a challenge but emphasizing Europe’s readiness.“Europe will not retreat or hide; it will remain a confident, constructivepartner,” Scholz said.
Notably, Trump has vowed to address the USgoods trade deficit with the EU through tariffs or increased exports of oil andgas. He also threatened steep tariffs on aluminum, copper, and steel imports,arguing these measures would encourage domestic production and bolster USmilitary manufacturing.
“We have to bring production back to ourcountry,” Trump said during a speech to Republican lawmakers on Monday.However, analysts warn that such tariffs could lead to higher costs for USconsumers due to limited domestic production and the time required to rebuildindustries.
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