Escalating Trade Drama: EU Prepares Retaliation
France has declared the European Union will push back against U.S. President Donald Trump’s proposed 25% tariffs on steel and aluminum imports, calling it a rerun of 2018’s fiery trade disputes. French Foreign Minister Jean-Noel Barrot warned the EU is ready to 'pull the trigger' to protect its interests.
The Trigger Point
Trump’s surprise Sunday announcement targets metals imports, adding to existing duties. Barrot likened the move to 2018, when the EU retaliated with tariffs on iconic U.S. goods like bourbon and motorcycles.
EU’s Playbook: 'No Hesitation'
While the EU Commission says it hasn’t received official U.S. details, it pledged to defend European businesses and workers. The response could target politically sensitive U.S. exports ahead of November’s election.
What’s Next?
Analysts fear another trade war could destabilize global markets. Barrot warned: 'It’s in no one’s interest.' But with Trump doubling down and Europe digging in, tariffs might soon turn from tweets to real-world showdowns.
Reference(s):
cgtn.com