Thursday, April 3, 2025 - France and Germany are pushing for a more robust reaction to United States President Donald Trump’s tariffs measures.
Trump had on Wednesday announced a 20% tariff on European
Union countries like France and Germany, in his bid to dismantle the global
trading system.
However, according to Bloomberg, France is now pushing for
the EU to hit US tech companies in response to Trump’s tariffs, in a move that
would broaden the trade war to the vast services sector.
The report added that France President Emmanuel Macron
believes the EU should be ready to respond with options such as targeting US
tech and services.
Similarly, speaking to the press on Thursday, about Trump’s
tariffs, outgoing German Chancellor, Olaf Scholz, described it as an attack on
trade order.
“There will only be losers,” Scholz said.
“This is an attack on a trade order that has created
prosperity all over the world, a trade order that is essentially the result of
American efforts.”
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