France, Germany Seek Unified Response to Trump's Tariff Threats
France, Germany Seek Unified Response to Trump's Tariff Threats

France, Germany Seek Unified Response to Trump's Tariff Threats

News summary

Germany and France are advocating for a strong European Union response to U.S. President Donald Trump's recently announced 20% tariffs on EU imports, which he described as part of his 'liberation day' strategy. German Economy Minister Robert Habeck emphasized the need for a united and determined approach to avoid a trade war, while outgoing Chancellor Olaf Scholz condemned the tariffs as an attack on the global trade order. French President Emmanuel Macron supports targeting U.S. technology and services as part of the EU's retaliation, which reflects a desire for a more aggressive stance. Additionally, France is pushing for measures such as a digital services tax on U.S. firms to defend EU interests. Both countries believe that a strong response could enhance the EU's negotiating position and ultimately lead to a resolution without escalating tensions further. Overall, the sentiment among European leaders is one of solidarity against what they perceive as unfair trade practices by the U.S.

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71639883-fbbd-48af-8cc3-393f63e7b2efdaae85f0-2883-42fc-b085-888140adf30d
Left 100%
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2
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2
Center
0
Right
0
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Last Updated
31 days ago
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