France’s Industry Minister Says 10% Tariffs Not Good Deal for EU

EU weighs skeleton US trade deal with 10 percent tariff

Brussels seeks backing from member countries, with days to go before Donald Trump’s deadline to do a deal or face 50 percent tariffs.

French Minister Says 10% Tariffs Is Not a Good Deal for EU

(Bloomberg) — French Industry Minister Marc Ferracci said agreeing to 10% tariffs on European exports to the US would be a bad deal, signaling disapproval of a potential compromise with Washington.

France’s industry minister says 10% tariffs not good deal for EU

The European Union has until July 9 to clinch a trade arrangement with Donald Trump before tariffs on nearly all exports to the US jump to 50%.

France’s Industry Minister Says 10% Tariffs Not Good Deal for EU

French Industry Minister Marc Ferracci said agreeing to 10% tariffs on European exports to the US would be a bad deal, signaling disapproval of a potential compromise with Washington.