financetom
Business
financetom
/
Business
/
Europe should respond to US tariffs in firm and united way, says French industry minister
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Europe should respond to US tariffs in firm and united way, says French industry minister
Mar 10, 2026 8:08 PM

PARIS (Reuters) - Europe should respond in a firm and united manner to U.S. President Donald Trump's latest tariffs, French industry minister Marc Ferracci said on Tuesday.

Trump substantially raised tariffs on steel and aluminium imports on Monday to a flat 25% "without exceptions or exemptions", in a move he hopes will aid struggling industries in the United States but which risks sparking a multi-front trade war.

France is not a major producer of aluminium or steel, but Ferracci said it could be indirectly affected by the tariffs if Chinese imports stymied by American tariffs made their way to European shores.

"We should expect that there will be some effects from Donald Trump's tariffs. Europe must respond in a united manner, because we know that Donald Trump's strategy is to divide Europeans," Ferracci told TF1 TV.

"We must stay united, we must respond in a firm manner. Europe is capable of doing this," he added.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Blackstone, Ares Back $3.6 Billion Loan for Warburg Pincus' Park Place Acquisition
Market Chatter: Blackstone, Ares Back $3.6 Billion Loan for Warburg Pincus' Park Place Acquisition
Sep 10, 2025
02:40 PM EDT, 09/10/2025 (MT Newswires) -- Blackstone (BX) and Ares Management ( ARES ) are among companies supplying approximately $3.6 billion in private financing to support Warburg Pincus' purchase of Park Place Technologies, Bloomberg reported Wednesday, citing people familiar with the matter. The financing package consists of a $2.9 billion unitranche loan, a $300 million delayed-draw term loan, and...
Paramount appoints Meta executive Dane Glasgow as chief product officer
Paramount appoints Meta executive Dane Glasgow as chief product officer
Sep 10, 2025
(Reuters) -Paramount said on Wednesday that Meta executive Dane Glasgow will join the media company as its chief product officer. In his new role, Glasgow will oversee the company's product strategy and vision across digital platforms and AI-powered capabilities. He will report directly to Paramount Skydance CEO David Ellison and will work closely with Cindy Holland, who chairs its direct-to-consumer...
AeroVironment Soothes Bookings, Margin Concerns With Strong Q1, RBC Says
AeroVironment Soothes Bookings, Margin Concerns With Strong Q1, RBC Says
Sep 10, 2025
02:43 PM EDT, 09/10/2025 (MT Newswires) -- AeroVironment ( AVAV ) has addressed booking and margin concerns with robust fiscal Q1 results, RBC Capital Markets said in a Tuesday report. The note said its legacy portfolio showed very strong growth in the quarter while BlueHalo's portfolio outlook was encouraging. It added that bookings were just shy of $400 million in...
ACT Capital Advisors Represents Derotic Emergency Equipment in its Sale to Amerit Fleet Solutions
ACT Capital Advisors Represents Derotic Emergency Equipment in its Sale to Amerit Fleet Solutions
Sep 10, 2025
SAN FRANCISCO, Sept. 10, 2025 /PRNewswire/ -- ACT Capital Advisors is pleased to announce the successful acquisition of its client, Derotic Emergency Equipment (Derotic), by strategic buyer Amerit Fleet Solutions (Amerit). The transaction officially closed in August 2025. Derotic, headquartered in California, is a premier upfitter of fire, police, emergency, utility, and other government vehicles with a national reach. ACT...
Copyright 2023-2026 - www.financetom.com All Rights Reserved