French Government Reaffirms That The EU Will Respond To The US Tariff Plans

The European Union (EU) will respond following the US President Donald Trump's announcement that his admi𒁏nistration will soon impose a 25 percent tariff on imports from the EU, stated Fren💃ch government spokeswoman Sophie Primas.

"If we must respond, we will respond," Primas told BFM▨ TV on February 27. She added "the European Union has not been created to bother the United States," responding to Trump's comments on Wednesday the EU was formed "in order to screw the United States".

The🧜 European Co💫mmission said on February 26 that it will react "firmly and immediately against unjustified barriers to free and fair trade" after Trump said his administration would soon announce a 25% tariff on imports from the EU.

Raining Tariffs

Deepening the fear of a global trade war, President Trump has announced his plan to reciprocate tariffs with every country they trade with which is to increase US tariffs to match the tax rates that other countries charge on imports as h🔴e hopes to eliminate any trade imbalances.

The US is facing huge trade imbalances with countries, especially with China. With India, the U𒁏S has a trade deficit of USD 35.31 billion in goods in 2023-24. To bridge this gap, the US President is imposing these duties.

Trump has announced ൩a 25 per cent duty on all steel and aluminium imports. It will come into effect from March 12. He threatened the BRICS countries wit🌟h 100% tariffs from the United States if they attempted to undermine the dollar.

Trump claimed that BRICS is over and reiterated his threa♛t that the US would cease trade with BRICS countries if they attempt to replace the US dollar with an alternative currency.

Trump earlier said that the members of the BRICS grouping could face 100% tariffs 𓃲if the play games.