France's Le Maire: We will be ready to retaliate strongly against US tariffs
Comments by French finance minister, Bruno Le Maire
- US tariffs plan is 'unacceptable'
- Have reached out to European Commission on the matter
- EU will be ready to retaliate
- It is in no one's interest to enter into a 'retaliation spiral'
And so it begins. If anything else, expect this to be one of the more challenging aspects that the euro area economy has to traverse in the year(s) ahead.