EU Urged to Avoid Tit-for-Tat Response to US Tariffs, Says French Finance Minister
2025-04-04
Reuters
The European Union should refrain from mirroring US tariffs with identical counter-measures, as it could adversely affect EU consumers, according to French Finance Minister Eric Lombard. This approach would help mitigate potential economic fallout and promote a more constructive trade dialogue. By avoiding a tit-for-tat response, the EU can prioritize consumer interests and foster a more stable trade environment, which is essential for global economic growth and international trade agreements. The EU's strategy will be closely watched by trade experts and economists, who are keenly aware of the impact of trade policies on the global economy and international business.
