EU is ready to push the trigger in response to Trump, says French foreign minister
globalreutersFebruary 10, 20251 Mins read - This is already what Trump did in 2018 and we responded
- So, we will again respond
- Ready to push the trigger when the time has come and now it has
- It is in nobody’s interest to start a commercial war with the EU
Trump is threatening with fresh 25% tariffs on all steel and aluminum imports into the US and that is on top of existing metals duties. Biden had previously negotiated duty free quota arrangements with the EU on this, after Trump having imposed 25% tariffs on steel and 10% tariffs on aluminum during his first term. So, those quota arrangements look to be thrown out the window perhaps.
This article was written by Justin Low at www.forexlive.com.
Recent Posts
Categories
Related Articles
US major indices close mixed. NASDAQ lower. S&P near unchanged, DJIA higher
Major indices are closing with mixed results:Dow industrial average rose 123.24 points...
More on what to watch for in Wednesday’s US CPI report
I wrote yesterday about the big seasonal adjustments in the January CPI...
Fed’s Williams: US to grow by around 2% this year and next
Monetary policy well-positioned to achieve Fed goalsModestly restrictive policy should return inflation...
NZDUSD and AUDUSD head into the Asian Pacific session near resistance targets
Both NZDUSD and AUDUSD tested key resistance levels toward the end of...
Leave a comment