French Finance Minister Bruno Le Maire speaking on Sunday
"If tomorrow there is an increase in tariffs, like in the car industry, our reaction should be united and strong to show that Europe is a united and sovereign power. The question is no longer whether or not there will be a trade war, the war has already started. Let it be known that if we are attacked we will react collectively and we will react firmly"
Le Maire warning of escalation in the trade war.
Long story, short is he does not want to see increased tariffs implemented by the US, but if so, expect Europe to unite with retaliation.
Source: Reuters
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