The EU continues negotiations with the US despite President Trump's announcement of possible 30% tariffs if no agreement is reached by August 1. The bloc's trade chief, Maros Sefcovic, remains optimistic about ongoing talks. While acknowledging pressure from countries like France for a tougher stance, he emphasizes that a deal is the priority. The EU is also preparing countermeasures in response to tariffs. France's trade minister calls for a revision of negotiation tactics, suggesting that not retaliating could weaken the EU's negotiating position.
The current uncertainty caused by unjustified tariffs cannot persist indefinitely, and the EU is preparing for all outcomes, including well-considered, proportionate countermeasures.
France's trade minister Laurent Saint-Martin emphasized that retaliation plans should be prepared with no taboos, arguing that holding back weakens the negotiation position.
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