Minister of Foreign Affairs of France: The EU will respond to the last announcement of tariffs of the US President.

He Foreign Minister of Foreign Affairs, Jean-Noel Barrotsaid Monday that the European Union (EU) will respond to the last announcement of tariffs of the president of the USA, Donald Trump.

Outstanding statements

France and its European partners should not hesitate to defend their interests in the face of US tariff threats.

“The European Commission will decide on the sectors that will be affected by an answer.”

“The commission is ready to tighten the trigger when the time comes. Now that time has come. It is not of anyone to start a commercial war with the European Union.”

Market reaction

At the time of writing, the EUR/USD loses 0.10% in the day to quote around 1,0315.

Source: Fx Street

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