France has vowed to respond to U.S. President Donald Trump's new tariffs on metal imports into the United States, reviving the transatlantic trade dispute that took place during Trump's first term.
Why It Matters
The warning suggests that the European Union may have a forceful response to Trump's incoming measures, and it is likely to stoke existing fears over an imminent "tariff war" between the U.S. and the critical trading bloc.
Retaliatory tariffs could raise the price of steel and aluminum domestically and increase the cost of goods commonly exported to Europe from the U.S.—including oil and gas, pharmaceuticals, and manufacturing equipment.
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Why It Matters
The warning suggests that the European Union may have a forceful response to Trump's incoming measures, and it is likely to stoke existing fears over an imminent "tariff war" between the U.S. and the critical trading bloc.
Retaliatory tariffs could raise the price of steel and aluminum domestically and increase the cost of goods commonly exported to Europe from the U.S.—including oil and gas, pharmaceuticals, and manufacturing equipment.
More

France vows retaliatory measures against Trump tariffs: "The time has come"
The French foreign minister said Europe would respond in kind to Trump's newly announced tariffs on steel and aluminum.
