Macron "strikes back": the response to U.S. tariffs will be larger in scale than ever before.

On April 3, French President Emmanuel Macron met with French business leaders affected by Trump’s “Liberation Day” tariffs and delivered a speech. He said France’s response to the U.S. tariffs would be “on a larger scale” than previous retaliations against U.S. steel and aluminum tariffs. Europe must respond to the tariffs on an industry-by-sector basis, calling on companies to suspend investment in the United States. If the Europeans respond in solidarity, they will be able to successfully dismantle the US tariff policy. In response to the US tariffs, we have made all preparations and do not rule out the use of EU anti-coercion tools against the US, and all tools in response to the US tariffs are under consideration. In addition, Macron also said that the US judgment is correct, but tariffs are not the right answer, and Western economies need to increase productivity. The tariffs announced by Trump are “brutal and unfounded” and a shock to international trade.