After a conversation with British Prime Minister Keir Starmer, French President Emanuel Mcron said that the two countries reaffirmed their determination to closely coordinate the position of customs duties with US President Donald Trump.
“The trade war is not in anyone’s interests. We must be united and determined to protect our citizens and our businesses, “he wrote on the social network.
On April 3, US President Donald Trump announced the increase in customs duties, bringing them to the highest level in the last more than one century. This statement failed the securities markets, causing shock to the world economy.
About 60 countries with the largest commercial surplus with the United States, including the key allies, are now forced to pay more than 10% of the basic customs list. In the case of dozens of other countries, customs duties reaching up to 50% or more have been set.
During his speech at the House Rose Park, Trump said that the total 10% customs duty will come into force on April 5, while higher, the so-called “mutual” customs duties will operate on April 9.