Editor's PiCK

Italy and France Respond to Trump's High Tariff Remarks…"Want Relaxation but Prepared"

Source
Minseung Kang

Summary

  • U.S. President Donald Trump proposed a 50% high tariff on the European Union, prompting major European countries to express their positions.
  • Italian Foreign Minister Antonio Tajani expressed hope for a trade agreement with the United States and aims for zero-zero tariffs.
  • French Minister Laurent Saint-Martin stated that while they hope to ease tensions, they are also prepared to respond.

Following U.S. President Donald Trump's proposal of a 50% high tariff on the European Union (EU) today, major European countries have expressed their positions.

According to overseas economic news channel Walter Bloomberg on the 23rd, Italian Foreign Minister Antonio Tajani stated, "We still hope for a trade agreement with the United States, and our goal is zero-zero tariffs."

On the same day, French Minister Laurent Saint-Martin also stated on X (formerly Twitter), "Our stance on President Trump's tariffs remains unchanged," adding, "We hope to ease tensions but are also prepared to respond."

Earlier that day, President Trump proposed imposing a 50% high tariff on the European Union starting next month. Subsequently, global stock and asset markets showed mixed trends.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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