Caution in the French ranks. After Donald Trump’s reversion in customs tasks, the government is delayed. “This frost is fragile and reversible,” said a BFMTV government source this Thursday, April 10. “It’s a break in climbing, it is not yet a turning point.”
Because many customs measures remain in force, starting with a 10% rate for all countries and 145% for China. And this source of remembering the “risk of indirect effects through the influx of Chinese overcapacity in the European market.”
So be careful not to rejoice too fast with the three -month suspension decreed by Donald Trump. “This break only makes sense if it leads to fair and balanced negotiations, with reciprocal guarantees, a precise calendar and multilateral supervision,” is explained to BFMTV.
“Do not confirm an asymmetric situation”
Therefore, the Government intends to continue pressing for a European response with the objective “not to support an asymmetric situation with the United States”, which would be equivalent to accepting customs tasks that were not in force before the arrival of Donald Trump to the government.
After the announcement of the 90 -day break by Donald Trump, the European Union also announced a three -month break in its response. This participates in a European position that aims to be “open to dialogue, but closes the principles.”
Source: BFM TV
