French Minister Criticizes US Tariffs

Eric Lombard, France's Minister of the Economy, Finance, and Industry, has openly criticized the United States for its recent imposition of tariffs on European automakers. Describing the move as "very bad news and an uncooperative act," Lombard highlighted the potential damage to both the US and European economies.

EU Prepares Retaliatory Measures

In response to the escalating trade tensions, Lombard confirmed that the European Union is in the process of preparing retaliatory tariffs on US goods. The European Commission is currently finalizing a targeted list, signaling a firm stance against what is perceived as aggressive trade policies by the US.

A Call for Cooperation Over Confrontation

Lombard emphasized the importance of cooperation in resolving trade disputes, warning that confrontation would only lead to mutual harm. He expressed hope for a swift recognition by both parties of the futility of a prolonged trade war, advocating for a measured response to protect European interests without escalating tensions further.