Macron to convene sectors hit by U.S. tariffs, government says preparing response
Record ID:
1987920
Macron to convene sectors hit by U.S. tariffs, government says preparing response
- Title: Macron to convene sectors hit by U.S. tariffs, government says preparing response
- Date: 3rd April 2025
- Summary: MOSS VALE, AUSTRALIA (APRIL 3, 2025) (REUTERS) PEOPLE STANDING IN FRONT OF CATTLE AND LISTENING TO AUCTIONEERS AT AUCTION LIVESTOCK AGENTS AND AUCTIONEER AT AUCTION CATTLE/ PEOPLE AT AUCTION PEOPLE AT AUCTION (SOUNDBITE) (English) ELDERS CLEARY MCDOWALL LIVESTOCK AGENT, DHUGALD MCDOWALL “If it's 10% on Australia, it's going to be 10% on our national competitors, which will
- Embargoed:
- Keywords: France Trump response trade
- Location: PARIS, FRANCE
- City: PARIS, FRANCE
- Country: France
- Topics: Europe,Government/Politics,International Trade
- Reuters ID: LVA002383203042025RP1
- Aspect Ratio: 16:9
- Story Text:French President Emmanuel Macron will convene all representatives of business sectors hit by the import tariffs announced Wednesday by U.S. President Donald Trump at the Elysee Palace later in the day, the French presidency said on Thursday (April 3).
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.
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.
(Production: Johnny Cotton) - Copyright Holder: REUTERS
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