Emergency Talks Called by Macron Amid US Tariff Announcement

French President Emmanuel Macron has taken swift action by calling for an emergency meeting with key industry representatives. This urgent gathering is scheduled to take place at the Elysee Palace, following the recent announcement by US President Donald Trump imposing new tariffs on imports.

Impact of Tariffs on French Exports

The new US tariffs, which include a 10% minimum on most imports and a steep 20% on EU goods, have sent shockwaves through sectors like French wine and spirits. The Federation of French Wine and Spirits Exporters (FEVS) has expressed concerns, predicting a potential drop in US sales by at least 20%.

Global Trade Tensions Escalate

This development marks a significant escalation in global trade tensions, with the French government and affected industries scrambling to assess the impact and formulate a response. The outcome of Macron's emergency talks could set the tone for future trade relations between the EU and the US.