Donald Trump

United

when

<ul> 
 <li>France is prepared to vigorously defend its interests against new U.S. tariffs proposed by Donald Trump.</li> 
 <li>The potential imposition of U.S. tariffs could severely affect European and particularly French exports, threatening the local economies.</li> 
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 The recent announcement by <a href="https://www.ethnews.com/trump-triumphs-a-new-era-of-power-and-challenge-with-putin-on-the-horizon/">Donald Trump</a> to revive protectionism marks a significant shift in transatlantic economic relations, potentially reigniting trade tensions between the United States and Europe. With policies that could once again disrupt international trade, France stands ready to energetically defend its interests. At stake are the strategic sectors of industry and agriculture, as the European Union considers new measures to protect its economy. 
 The debate over American protectionism thus intensifies between <a href="https://www.ethnews.com/french-crypto-traders-in-shock-as-bybit-closes-operations-overnight/">French</a> resolve and European consultation, with significant consequences for economic actors on both sides of the Atlantic. 
 <h2 id="navigating-the-economic-standoff-between-france-and-the-united-states">Navigating the Economic Standoff Between France and the United States</h2> 
 French Foreign Minister Jean-Noël Barrot did not mince words regarding the possibility of new American taxes on European products. Should Donald Trump follow through on his threats, <a href="https://www.ethnews.com/shocking-twist-in-telegram-saga-why-pavel-durov-cant-leave-france/">France</a>, according to Barrot, will respond 
 <blockquote>
 “without trembling”
 </blockquote> 
 and defend its national interests. 
 <blockquote>
 “If the Trump administration insists on what I call a major mistake, we will defend our agricultural, industrial, and commercial interests with iron will,”
 </blockquote> 
 he stated. 
 This comes at a time when <a href="https://www.ethnews.com/memecoins-surge-as-trump-wins-2024-election-xyz-poised-for-a-19900-jump-before-listing/">Trump</a> plans to impose tariffs of 10 to 20% on foreign products, a move that could heavily target French and European exports to the United States. 
 France is particularly concerned about the impact of these taxes on its already stressed local economy. For Jean-Noël Barrot, the tariffs planned by the Trump administration would indeed represent 
 <blockquote>
 “a major misjudgment”
 </blockquote> 
 that could harm both French and American businesses in <a href="https://www.ethnews.com/matrixport-completes-acquisition-of-cfam-expanding-reach-in-european-crypto-asset-management/">Europe</a>. These taxes would directly affect the purchasing power of American households, as they would impact key French sectors such as agriculture and industry. 
 Moreover, 
 <blockquote>
 “this would immediately deprive American middle classes of a significant part of their purchasing power,”
 </blockquote> 
 emphasized the minister, highlighting the profound effects of such a protectionist policy. 
 Beyond the French reaction, all of Europe is considering a coordinated response. Marc Ferracci, Minister Delegate for Industry, called for a strong European reaction. He stated that Europe must 
 <blockquote>
 “establish a commercial and economic balance of power”
 </blockquote> 
 against the Trump administration. 
 According to him, European unity is essential to prevent the repetition of past mistakes when American protectionist policies hit <a href="https://www.ethnews.com/crypto-revolution-young-europeans-embrace-digital-currencies/">Europe</a> without an adequate response. 
 <blockquote>
 “We Europeans must be prepared,”
 </blockquote> 
 he stressed. He urges the member countries to present a united front to influence negotiations. 
 This collective awareness could lead to concrete measures, such as the introduction of a CO2 tax at the borders, a lever already discussed within the Union to balance trade. Such realignment signifies the evolution of a Europe determined to defend its strategic industries. However, some leaders, particularly in Germany, remain committed to transatlantic cooperation. 
 Chancellor Olaf Scholz, despite his concerns, reminded of the importance of relationships between the USA and Europe, emphasizing cooperation in defense and security areas. However, the question remains: How far is Europe willing to go to counter Trump’s future policies? 
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The post <a href="https://www.ethnews.com/frances-decisive-response-to-u-s-protectionism/">France’s Decisive Response to U.S. Protectionism</a> appeared first on <a href="https://www.ethnews.com">ETHNews</a>.

France’s Decisive Response to U.S. Protectionism

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