EU prepared to reply to U.S. tariff menace on France: Le Maire


FILE PHOTO: French Finance Minister Bruno Le Maire attends a information convention to kick off the France’s nationwide lottery operator Francaise des Jeux (FDJ) itemizing with the opening of the share subscription course of in Boulogne-Billancourt, close to Paris, France, November 7, 2019. Information/Gonzalo Fuentes

PARIS (Information) – The most recent U.S. tariff threats on French merchandise are “unacceptable” and the European Union is able to situation a riposte, French finance minister Bruno Le Maire stated on Tuesday.

On Monday, the U.S. authorities stated it could slap punitive duties of as much as 100% on $2.four billion of imports from France of champagne, purses, cheese and different merchandise, after concluding that France’s new digital companies tax would hurt U.S. tech corporations.

“In case of recent American sanctions, the European Union can be able to riposte,” Le Maire instructed Radio Classique.

Reporting by Sudip Kar-Gupta and Benoit Van Overstraeten; Modifying by Andrew Heavens