French FinMin Le Maire: EU is ready to respond strongly to latest US tariff threat

Dhwani Mehta FXStreet

Following the comments from the French Junior Economy Minister, the country’s Finance Minister Le Maire is out on the wires, via Reuters, threatening retaliation to the latest US tariffs threat.

Key Quotes:

Told US Representative yesterday that France does not share US views regarding tariffs.

Latest US tariff threat on French products is unacceptable.

Latest US tariff threats is not what one would expect from an ally.

European Union is ready to respond strongly to latest US tariff threat.

Digital tax proposal remains valid.

French digital tax is not discriminatory.

Waiting for the US position regarding OECD international tax reform proposals.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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