French Foreign Minister Jean-Nael Baro on Wednesday called on the US to accept “co-op rather than a confrontational approach after” after ” President Donald Trump The executive order on the introduction of mutual tariffs and the minimum tariff of 10% on all imports was issued.
Hours after Trump called “Liberation Day” on Wednesday, Baro said he would like “our US allies” revised the introduction of tariffs, which would affect all the products coming to the US and All of the trading partners of America.
The White House shared the graphics of how mutual tariffs for dozens of countries will apply – the European Union threatens 20% mutual tariffs as it accommodates 39% tariff and other trade barriers to US goods.
Baro said tariffs are “middle -grade taxes”, adding that they will increase the prices of US families on gas pumps and supermarket. He also said that the introduction of tariffs would lead to avenge, “how it happens when affecting Europe’s trade interests.”
What to know about President Trump’s “Liberation Day”
French and Foreign Minister Jean-Nael Barro asked the US to reconsider the introduction of mutual tariffs and the minimum tariff for all imports after the announcement of President Donald Trump’s Day “Liberation Day”. (Jean Catuffe / Getty Images / Getty Images)
“This will do this by mobilizing all the tools that it is available to combat the measures of coercion – in general, its containment.
He mentioned the possibility of imposing export and import taxes, potentially restricting access to contracts for European procurement and potentially limiting digital and financial services to the European Single Market.
Baro said in America there is a “vital need” for European economy For several reasons, adding that France is holding $ 335 billion in US Treasury.
Which countries impose the highest tariffs on the US?
President Donald Trump pursues a schedule when he announces the “Liberation Day” of mutual tariffs during the pink event called “Make America again Rich” in the White House on April 2, 2025. (Brendan Smialowski / AFP via Getty Images / Getty Images)
“Our only market allows for its businesses to develop, and I think, in particular, with the large digital US companies, which make a quarter of their revenues in Europe – these are several hundred billions of euros … And also because European savings help finance the US economy and public deficit,” he said in part.
The politician has completed his statement, saying that France is the oldest ally of the United States and “obviously want (s) to avoid it all.”
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Trump has already announced a 25% tariff steel and aluminum Imports, which directly enters the European Union, as well as 25% of the tariff for imported cars that affect countries such as Germany. The EU threatened to pay up to $ 28 billion.
On Wednesday, President Donald Trump signed an executive order by introducing mutual tariffs for US trading partners and a minimum of 10% tariffs for all imports. (Photo by Brandon Bell / Getty Images / Getty Images)
US trade deficit with the European Union was 235.6 billion dollars In 2024, which Trump called “atrocity”.
Fox News “Jennifer Griffin and Fox News Digital Caitlin Mcfall contributed to this report.
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2025-04-03 05:29:00
