Macron calls on EU to ‘defend European interests resolutely’ from Trump tariffs | Trump tariffs

French President Emmanuel Macron called on the EU to “decisively defend European interests” after threatening the EU to apply 30% tariff to almost all imports.

The authority said that the EU should be ready for a trade war and that it should be based on the US President, who is expected to approve a 10% tariff agreement with the block in principle last week.

Macron said on social media to claim that the union’s determination to defend the European interests in a decisive manner than ever before, ”Macron said. “In particular, this implies implying to accelerate the preparation of reliable counter-measures by mobilizing all vehicles, including Anti-Coercion, if no agreement was reached until August 1st.”

Other European leaders, including Italy, the Netherlands, Germany and Ireland, called on to be calm. However, the German Federation of Industries (BDI), which reflects the shock around Trump’s threat on the threat, said Trump’s announcement was a call for a wake up for the industry on both sides of the Atlantic ”.

Macron’s call to be ready for the trade war came unlike Berlin, who called a “pragmatic ör answer. “The EU should now negotiate pragmaticly in the remaining times, a solution with the US,” German Economy Minister Katherina Reiche said. “A pragmatic conclusion should be reached quickly for these negotiations.”

Italian Prime Minister Giorgia Meloni, who likes good relations with Trump, said in a statement that he could reach a “fair agreement .. “It would not make sense to trigger a trade war between the two sides of the Atlantic,” he said.

Dutch Prime Minister Dick Schoof said that on social media, the EU should be “united and determined to reach a“ mutual useful değil agreement with the United States.

Ireland Deputy Prime Minister Simon Harris, “There is no need to increase the situation,” he said. Trump previously attracted Dublin to technology and pharmaceutical companies, accusing the US business.

Ambassadors will meet in Brussels on Sunday, and discuss the tactics before a planned trade minister’s summit on Monday.

A 30 % tariff threat is seen as a negotiating tactic, but behind the scenes, many of them see the grave as a dangerous transatlantic game during global instability.

Trump’s latest SALVO is compatible with the allegedly 39% unjust tasks in the EU imports, an average analysis of an average analysis with EU officials.

Some MEPs warned that if Trump will return for more if they begin to accept “illegal” tariffs as the new norm. MEP Brando Benifei, a member of the International Trade Committee member, said, “The EU is not a sacrifice, it is a matter of showing that it is not paralyzed or not afraid,” he said.

Germany’s Automotive Industry Association warned the possibility of increasing costs for automobile manufacturers and suppliers and said that it was “sad because there is a threat of increasing trade conflict”.

Germany’s automobile industry has to cope with a 25%increase in export tariffs to the US on the top of 2.5%, and the steel industry is forced to cope with 50%punishing tariffs.

In principle, it is understood that the agreement on Trump’s desk offers potential tariff relief for any European car manufacturer with plants in the United States, including Mercedes Benz, BMW and Volkswagen, together with Swedish brand Volvo.

Last week, the Swedish Minister of Finance described the agreement as “really bad ,, but at the same time, some economic pain is inevitable.

The EU-US trade is worth € 1.4 billion per year, but only three countries-Germany, Italy and Ireland export more than they imported to the large multinational pharmaceutical sector and the USA.

The Confederation of Confederation of the Italian industry, President of the Confederation, said the EU should not climb. “Now we should all stay calm and hold our nerves,” he said.

However, in the north of the country, the President of Confindustry Veneto, Raffaele Boscici, said that in case of higher tariffs, it should be supported for industries. “The EU and the Italian government will have to intervene in concrete measures to support the competitiveness of our companies: Access to the definition of energy policy as well as investment and credit, bureaucratic and financial assistance, Bos Bosci said Marketing Manager at Amarone Wine’s leading producer.