US EditionTariffs Imposed by Powerful Countries Are a Form of ‘Blackmail,’ Macron Says
- The European Union is working urgently to secure a trade agreement with the US ahead of the July 9 deadline to prevent the imposition of 50% tariffs on its goods.
- This urgency follows U.S. President Trump's April announcement of sweeping global tariffs ranging from 10% to 50%, threatening heavy duties on EU goods.
- French President Emmanuel Macron criticized tariffs as tools of blackmail used by powerful countries, calling renewed trade wars an 'aberration' especially against emerging economies.
- The EU has crafted a $108 billion countermeasure aimed at the U.S. digital services and financial sectors, while the UN cautioned that these tariff actions could severely harm developing nations.
- The looming trade conflict threatens European market stability, risks harming global trade fairness, and pressures negotiations amid calls to restore equity and reform the WTO.
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Tariffs by powerful countries a form of 'blackmail', says Macron
Trump unveiled sweeping global tariffs in April in which he said countries would face taxes on imports into the United States ranging from 10% to 50%, though he later reversed course and mostly lowered them for 90 days
·Mumbai, India
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"Commercial War" imposed by Donald Trump is "an aberration" at "this moment of life of the planet" because "kills" poor and emerging countries, French President Emmanuel Macron, in the course of a United Nations conference on financing...
·Romania
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Coverage Details
Total News Sources22
Leaning Left3Leaning Right8Center3Last UpdatedBias Distribution57% Right
Bias Distribution
- 57% of the sources lean Right
57% Right
L 21%
C 21%
R 57%
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