Trump, France and EU
Digest more
Top News
Overview
Impacts
Fox Business |
Barrot said tariffs are "taxes on the middle classes," adding that they will ramp up prices for American families at the gas pump and supermarket.
The Economist |
From just 2.3% in 2024, the average American tariff on imports is now expected to rise immediately to about 30%—where it was in the late 1800s.
Reuters |
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war woul...
Read more on News Digest
France expects tariffs to be announced later on Wednesday from U.S President Donald Trump on French and European products to be in the range of 20-25%, leading to "major economic disorder", said government spokeswoman Sophie Primas on Wednesday.
President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what others assess as trade penalties on American goods.
France and Germany are pushing for a more robust reaction to US President Donald Trump’s tariff measures, advocating for a forceful retaliation that could strengthen the EU’s negotiating position.French President Emmanuel Macron believes the European Union should be ready to respond with options such as targeting US tech and services,
Wall Street led a global markets bloodbath Thursday as countries around the world reeled from President Donald Trump's trade war, while the White House insisted the US economy will emerge victorious.
2h
Investor's Business Daily on MSNWhat Trump Tariffs Mean For The U.S. Economy And Stock MarketPresident Trump is going full bore on tariff hikes, aiming for a fundamental transformation of the economy. The stakes are huge for U.S. businesses and the stock market.
The EU has enormous economic clout as the biggest single market in the world, but does not want to risk a backlash.
French minister Aurore Bergé criticized the U.S. president's move to end diversity, equity and inclusion (DEI) programs.
U.S. President Donald Trump said on Monday that French far-right leader Marine Le Pen's conviction and resulting prohibition from running in the 2027 presidential election was a "very big deal."