Saturday, June 7, 2025
No Result
View All Result
newshub
  • Global news
  • Financial insights
    • Africa
    • Asia
    • Australia
    • Central Banks
    • China
    • Commodities
    • Europe
    • Banking
    • Corporate
    • Neobanking
    • Investment
    • Japan
    • South East Asia
    • Stock of the week
    • UK
    • US
  • Fin & tech
    • AI
    • Blockchain
    • Crypto
    • MSTRpay
    • Tech
  • Climate & energy
    • Climate
    • Carbon
    • Coal
    • Disruptive
    • Gas
    • Nuclear
    • Oil
    • Solar
    • Water
    • Waves
    • Wind
    • Renewable
    • South America
  • Lifestyle
    • Best chefs
    • Cocktail of the week
    • History
    • Influential women
  • WEX
    • Alt Kap Holding AB
    • Digital Network Holding, Inc.
    • Fantas-E AB
    • International Clean Energy Inc.
    • Intritum Partner Limited
    • Intritum Recycling GH Limited
    • MSTRpay AB
    • SWAP Services, Inc.
    • VMT Holding, Inc.
    • Universal Streaming Technologies – USTA
    • TC Unterhaltungselektronik AG
  • Global news
  • Financial insights
    • Africa
    • Asia
    • Australia
    • Central Banks
    • China
    • Commodities
    • Europe
    • Banking
    • Corporate
    • Neobanking
    • Investment
    • Japan
    • South East Asia
    • Stock of the week
    • UK
    • US
  • Fin & tech
    • AI
    • Blockchain
    • Crypto
    • MSTRpay
    • Tech
  • Climate & energy
    • Climate
    • Carbon
    • Coal
    • Disruptive
    • Gas
    • Nuclear
    • Oil
    • Solar
    • Water
    • Waves
    • Wind
    • Renewable
    • South America
  • Lifestyle
    • Best chefs
    • Cocktail of the week
    • History
    • Influential women
  • WEX
    • Alt Kap Holding AB
    • Digital Network Holding, Inc.
    • Fantas-E AB
    • International Clean Energy Inc.
    • Intritum Partner Limited
    • Intritum Recycling GH Limited
    • MSTRpay AB
    • SWAP Services, Inc.
    • VMT Holding, Inc.
    • Universal Streaming Technologies – USTA
    • TC Unterhaltungselektronik AG
No Result
View All Result
newshub
No Result
View All Result
ADVERTISEMENT

EU will stand up for itself in face of Trump tariffs threat, Macron says

2025/02/04/08:56
in Europe
Reading Time: 4 mins read
237 16
A A
Defiant Macron vows to stay on as French president and will appoint PM within days

French President Emmanuel Macron is seen on a monitor in the control room at AFP headquarters as he addresses the nation from the Elysee Palace. Macron's televised speech comes in response to the collapse of Prime Minister Michel Barnier's minority government.

MSTRpay MSTRpay MSTRpay
ADVERTISEMENT

French president and other leaders call for cooperation with Washington but vow a robust response if needed

The EU will stand up for itself if its interests are targeted, Emmanuel Macron has said, as the bloc’s leaders urged talks – but a firm response if needed – in response to Donald Trump’s weekend threat to impose punishing tariffs.

“If our commercial interests are attacked, Europe, as a true power, will have to make itself respected and therefore react,” the French president said as he arrived for an informal defence meeting with other leaders in Brussels on Monday.

The latest “choices and statements” by the new US president’s administration were “pushing the EU to be more united and more active to respond to issues of collective security”, he said.

Germany’s chancellor, Olaf Scholz, said the EU was strong enough to react to any US trade levies but “the goal should be that things result in cooperation”. The bloc’s foreign policy chief, Kaja Kallas, said there would be “no winners in a trade war”.

Europe and the US needed each other, she said, while the Polish prime minister, Donald Tusk, said a trade war was “a complete mistake” and everything possible must be done to stop allies fighting “in the face of a Russian threat or Chinese expansion”.

The Danish prime minister, Mette Frederiksen, said Copenhagen would generally “never support fighting allies”, but “[if the Trump administration imposes] tough tariffs on Europe, we need a collective and robust response”.

Trump imposed swingeing tariffs on goods imported from Canada, Mexico and China on Saturday, sparking retaliation from all three countries. He said on Sunday night that new tariffs on the EU would “definitely happen”.

The US president repeated longstanding complaints about the size of the US trade deficit with the bloc and demanded Europe import more American cars and farm products. “It will definitely happen with the EU, I can tell you that,” he said.

Trump said that although there was no specific timeline for European tariffs, it was “going to be pretty soon”. He told reporters on Friday he would “absolutely, absolutely” impose them. “The European Union has treated us so terribly,” he said.

Speaking after a day of talks overshadowed by Trump’s threat of tariffs, the European Commission President Ursula von der Leyen said the EU was ready “for robust but constructive dialogue” with the US. “When targeted unfairly or arbitrarily, the European Union will respond firmly,” she added.

She said the “steep tariffs” imposed on Canada and Mexico “raise business costs, “harm workers and consumers” and create “unnecessary economic disruption”. Both countries were given a 30-day reprieve by Trump on Monday, after global stock markets tumbled after his weekend announcement.

The European Council president António Costa said EU member states had agreed with Nato secretary general Mark Rutte that “a stronger Europe of defence also strengthens the transatlantic partnership”. Earlier in the day Rutte said it was clear that the US was “selling much more” defence equipment to Europe than vice versa and that there was “so much money floating around” with more to come as European Nato allies increase defence spending.

During his first term, Trump imposed tariffs on steel and aluminium imports from the EU, which retaliated with trade levies on emblematic US goods from Republican states such as Harley-Davidson motorbikes, bourbon, denim and orange juice.

Leaders called for more dialogue with Washington. Ireland’s prime minister, Micheál Martin, said the EU and US “need to work together constructively” on trade because protectionism would hurt citizens “wherever they reside”.

Finland’s prime minister, Petteri Orpo, also said Europe must negotiate with Trump on trade. “I am not going to start a war, I want to start negotiations,” he said, adding that the biggest threat to Europe was Russia.

Others attending the meeting stressed the need for a firm, united response. Luxembourg’s prime minister, Luc Frieden, said the answer to trade tariffs was to “reply with the same measures”, though tariffs were “always bad”.

Spain’s economy minister, Carlos Cuerpo, told RNE radio that although the EU was open to trade and in favour of a globalised market, it should not be naive and would protect its companies to ensure they were in a position to compete on a level playing field.

The Nato secretary general, Mark Rutte, said it was clear the US was “selling much more” defence equipment to Europe than vice versa and that there was more money to come as European Nato allies increased defence spending.

But the French industry minister, Marc Ferracci, told France Info radio on Sunday night that trade talks with Washington must embody “a form of power dynamic”. The bloc must wait for Trump’s final decision, but a response should be prepared now, he said.

To be effective, any response must “focus on products that are important” to the US and be “biting” – meaning it must “have an impact on the American economy to have a credible threat in negotiations”.

Germany’s conservative opposition leader, Friedrich Merz, who is expected to become the country’s next chancellor, said Trump would swiftly realise the tariffs he imposes “will not have to be paid by those who import into America … but by consumers in America”.

The governor of France’s central bank, François Villeroy de Galhau, said the tariffs Trump had already imposed were “brutal”. They would increase economic uncertainty and were a worrying development, he said.

Source: The Guardian

Related Posts

European markets open cautiously amid global optimism
Europe

European markets edge lower after ECB rate cut and political shocks

by newshub
1 day ago

European markets opened in negative territory on Friday, slipping back after the European Central Bank’s widely anticipated interest rate cut...

Read moreDetails
EU-UK relations: Council greenlights extension of current rules of origin for electric vehicles until the end of 2026

Markets steady as Europe opens quietly and Wall Street braces for tech data

2 days ago
European markets open cautiously amid global optimism

European markets open mixed as investors await US markets

2 weeks ago
EU-UK relations: Council greenlights extension of current rules of origin for electric vehicles until the end of 2026

European markets edge higher as Asia retreats and US braces for inflation data

3 weeks ago
European markets open cautiously amid global optimism

European markets open cautiously amid global optimism

3 weeks ago
Morning Bid: BOJ saves the day

European markets open cautiously amid global trade optimism

4 weeks ago
No Result
View All Result

Recent Posts

  • Dior appoints Jonathan Anderson as sole Creative Director in bold creative shift
  • Vasyl Malyuk: The ‘Bulldog’ behind Ukraine’s Spiderweb strikes on Russian airfields
  • ‘Full porting Bitcoin’ could be Musk’s Trump card in escalating feud
  • Giant ‘doomsday’ oarfish washes up on Tasmania’s remote west coast
  • Carney invites Modi to G7 amid unresolved tensions over Sikh activist’s killing

Recent Comments

    Archives

    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022

    Categories

    • Africa
    • AI
    • An diesem Tag
    • Asia
    • Australia
    • Banking
    • Best chefs
    • Biden
    • Blockchain
    • Blockchain technology
    • Carbon
    • Central Banks
    • China
    • Climate
    • Climate & Energy
    • Coal
    • Cocktail of the week
    • Commodities
    • Corporate
    • Crypto
    • Deutsch
    • Deutsch PR
    • English PR
    • Europe
    • Financial insights
    • Focus on neobanking
    • Gas
    • Global news
    • Harris
    • History
    • India
    • Influential women
    • Invest and Rest
    • Italiano PR
    • Japan
    • Lifestyle
    • Metaverse
    • MSTRpay
    • Neobanking
    • News
    • newshub special
    • newshub-special
    • NFT
    • Nobel Prizes 2024
    • Nuclear
    • Oil
    • Press
    • Press releases
    • Pressroom
    • Renewable
    • Russia
    • Solar
    • South America
    • South East Asia
    • Stock of the week
    • Stocks
    • Svensk PR
    • Tech
    • Trump
    • Trump trials
    • UFO
    • UK
    • UK News
    • Ukraine
    • US
    • US politics
    • Waves
    • WEX
    • Wind

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    Recent Posts

    • Dior appoints Jonathan Anderson as sole Creative Director in bold creative shift
    • Vasyl Malyuk: The ‘Bulldog’ behind Ukraine’s Spiderweb strikes on Russian airfields
    • ‘Full porting Bitcoin’ could be Musk’s Trump card in escalating feud
    • Giant ‘doomsday’ oarfish washes up on Tasmania’s remote west coast
    • Carney invites Modi to G7 amid unresolved tensions over Sikh activist’s killing

    Categories

    • Africa
    • AI
    • An diesem Tag
    • Asia
    • Australia
    • Banking
    • Best chefs
    • Biden
    • Blockchain
    • Blockchain technology
    • Carbon
    • Central Banks
    • China
    • Climate
    • Climate & Energy
    • Coal
    • Cocktail of the week
    • Commodities
    • Corporate
    • Crypto
    • Deutsch
    • Deutsch PR
    • English PR
    • Europe
    • Financial insights
    • Focus on neobanking
    • Gas
    • Global news
    • Harris
    • History
    • India
    • Influential women
    • Invest and Rest
    • Italiano PR
    • Japan
    • Lifestyle
    • Metaverse
    • MSTRpay
    • Neobanking
    • News
    • newshub special
    • newshub-special
    • NFT
    • Nobel Prizes 2024
    • Nuclear
    • Oil
    • Press
    • Press releases
    • Pressroom
    • Renewable
    • Russia
    • Solar
    • South America
    • South East Asia
    • Stock of the week
    • Stocks
    • Svensk PR
    • Tech
    • Trump
    • Trump trials
    • UFO
    • UK
    • UK News
    • Ukraine
    • US
    • US politics
    • Waves
    • WEX
    • Wind

    Archives

    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    newshub

    © 2023-2025
    MSTRpay & PAXIT
    Legal & Disclosure

    • Global news
    • Financial insights
    • Fin & tech
    • Climate & energy
    • Lifestyle
    • WEX

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Global news
    • Financial insights
      • Africa
      • Asia
      • Australia
      • Central Banks
      • China
      • Commodities
      • Europe
      • Banking
      • Corporate
      • Neobanking
      • Investment
      • Japan
      • South East Asia
      • Stock of the week
      • UK
      • US
    • Fin & tech
      • AI
      • Blockchain
      • Crypto
      • MSTRpay
      • Tech
    • Climate & energy
      • Climate
      • Carbon
      • Coal
      • Disruptive
      • Gas
      • Nuclear
      • Oil
      • Solar
      • Water
      • Waves
      • Wind
      • Renewable
      • South America
    • Lifestyle
      • Best chefs
      • Cocktail of the week
      • History
      • Influential women
    • WEX
      • Alt Kap Holding AB
      • Digital Network Holding, Inc.
      • Fantas-E AB
      • International Clean Energy Inc.
      • Intritum Partner Limited
      • Intritum Recycling GH Limited
      • MSTRpay AB
      • SWAP Services, Inc.
      • VMT Holding, Inc.
      • Universal Streaming Technologies – USTA
      • TC Unterhaltungselektronik AG

    © 2023-2025
    MSTRpay & PAXIT
    Legal & Disclosure