MACRON TO CONVENE SECTORS HIT BY U.S. TARIFFS- Primas says France will continue attempts to negotiate with the United States
The French presidency has stated today that President Emmanuel Macron will convene all representatives of business sectors hit by the import tariffs announced on 2 April by the U.S. President Donald Trump at the Elysee Palace later in the day.
President Trump on Wednesday unveiled a 10% minimum tariff on most goods imported to the United States – with a higher 20% rate for the European Union – kicking into high gear a global trade war that threatens to drive up inflation and stall U.S. and worldwide economic growth. France Spokesperson Sophie Primas has stated that the country will continue attempts to negotiate with the United States
Sales of French wine and spirits are expected to slide at least 20% in the United States after Trump announced reciprocal tariffs, the French wine and spirits exporters group FEVS said on Wednesday.
France, working along with the European Union EU, is likely to issue reciprocal responses to the tariff measures on the EU initially in mid-April and then again in late April, France’s government spokeswoman told RTL.
