Big Town Bulletin News

The Latest News and Information That Matters To You

Business

France’s Macron: Trump tariff suspension only provides a ‘fragile pause’

PARIS – French President Emmanuel Macron said on Friday that U.S. President Donald Trump’s decision this week for a 90-day suspension on tariffs he had imposed on countries gave room for only a ‘fragile pause’.

“The partial suspension of American tariffs for 90 days sends out a signal and leaves the door open for talks. But this pause is a fragile one,” wrote Macron on X.

“Fragile, because the 25% tariffs on steel, aluminum and automobiles and the 10% tariffs on all other products are still in place. They represent 52 billion euros ($58.8 billion) for the European Union! Fragile, because this 90-day pause means 90 days of uncertainty for all our businesses, on both sides of the Atlantic and beyond,” he added.

Macron reaffirmed that France and the European Union would present a united front in terms of negotiations aimed at reaching a deal and getting the American tariffs removed.

($1 = 0.8848 euros)

Please like, comment, and share this article if you found it helpful and
informative.

For more news check out Big Town Bulletin News

For more from Big Town Bulletin check out Big Town Bulletin