logo
Macron calls on EU to 'defend European interests' in US tariff talks

Macron calls on EU to 'defend European interests' in US tariff talks

LeMonde9 hours ago
French President Emmanuel Macron on Saturday, July 12, condemned US President Donald Trump's threat to impose 30% tariffs on the European Union, calling on the bloc to "resolutely defend European interests."
US President Donald Trump on Saturday warned that Mexico and the EU would be slapped with 30% tariffs starting on August 1, raising the stakes in already tense negotiations with two of the largest US trading partners.
Expressing France's "very strong disapproval" of the announcement, Macron called on the bloc to "step up the preparation of credible countermeasures by mobilizing all instruments at its disposal" if the two sides failed to reach an agreement by August 1.
"France fully supports the European Commission in the negotiation that will intensify to reach a mutually acceptable agreement by August 1, so that it reflects the respect that trade partners such as the European Union and the United States owe each other," he wrote on social media.
Earlier Saturday, European Commission chief Ursula von der Leyen hit out at the new tariffs threatened by Trump, but said the EU still sought a deal to avert the measures.
'Unfair deal'
Meanwhile, Mexico slammed Trump's latest tariff threat as an "unfair deal," according to a government statement.
"We mentioned at the table that it was an unfair deal and that we did not agree," the Mexican economy and foreign ministries said in a joint statement.
Mexico is already in negotiations seeking an alternative to tariffs that would protect businesses and jobs on both sides of the border, the ministries added, saying they hope to avoid the duties. President Claudia Sheinbaum, whom Trump often refers to favorably, expressed confidence Saturday that a deal would be reached.
"We are going to reach an agreement with the US government," Sheinbaum said during a public event hours after Trump's social media post announcing the elevated tariffs. She said the talks in Washington would allow Mexico to be in a "better position" by August 1.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump's dealmaker name on the line in high stakes tariff talks
Trump's dealmaker name on the line in high stakes tariff talks

France 24

time3 hours ago

  • France 24

Trump's dealmaker name on the line in high stakes tariff talks

The real estate tycoon, who has staked his reputation on being a consummate dealmaker, embarked on an aggressive strategy of punitive tariffs that his administration predicted could bring "90 deals in 90 days." The score so far? Two. Three if you count a temporary de-escalation agreement with China. The 90-day deadline was due on July 9, with dozens of economies including the European Union, India and Japan facing tariff hikes without a deal. But days before it arrived, Trump issued a delay to August 1. It was his second extension since unveiling the tariffs in April -- reigniting the "TACO Theory" that has gained traction among some Wall Street traders. The acronym coined by a Financial Times writer stands for "Trump Always Chickens Out," highlighting the president's inclination to roll back policies if markets turn sour. Treasury Secretary Scott Bessent, part of Trump's multi-leader trade team, has reportedly been a key advocate for the pauses. But the label has irked Trump and he insisted Tuesday that the deadline had always been in August. "I didn't make a change. A clarification, maybe," Trump said at a cabinet meeting. This week, he published more than 20 letters dictating tariff rates to world leaders including in Japan, South Korea and Indonesia. "We invite you to participate in the extraordinary Economy of the United States, the Number One Market in the World, by far," Trump wrote. He also issued letters to the EU, Canada, Mexico and Brazil -- although Brazil was not previously targeted by the steeper "reciprocal" tariffs and Canada and Mexico face a separate tariff regime. The documents "appear to be Trump's way of combatting the TACO label," said Inu Manak, a fellow for trade policy at the Council on Foreign Relations. "He wants to show that he's not just kicking the can down the road on the deadline, but that he means business," she told AFP. "He's likely frustrated that there isn't a parade of deals coming in." 'Politically complicated' "The shift in his rhetoric from 'there is no cost -- the foreigners pay the tariffs' to 'there is a short term cost, but there will be a long term gain' has put him in a more politically complicated position," said William Reinsch, senior adviser at the Center for Strategic and International Studies. Trump has repeatedly claimed that foreign countries foot the bill for tariffs, although the reality is more complicated with US companies generally paying them. "In the public's mind, the tariffs are the pain, and the agreements will be the gain," said Reinsch, a former US commerce official. He warned that without trade agreements, Americans could conclude Trump's strategy was flawed and deem his tactics a failure. While the 90-deal goal was probably unrealistic, Reinsch said, "it's clear that three (UK, China, Vietnam) with only one actual text made public (UK) is too small." Deflecting attention Meanwhile, Trump has announced a 50 percent levy on copper imports starting August 1. Commerce Secretary Howard Lutnick said officials would also conclude investigations into semiconductors and pharmaceuticals -- which could lead to tariffs -- at month-end. "That timing is not coincidental -- it lines up with the new deadline of August 1, adding more pressure and deflecting attention from any lack of deals that get made in that time frame," Manak said. Analysts believe Trump's supporters will likely not pay much attention to trade talks unless the tariffs fuel inflation. "Trade policy is not top-of-mind for the average voter," said Emily Benson, head of strategy at Minerva Technology Futures. She expects the Trump administration's focus on boosting US manufacturing and reinvigorating the defense industrial base means it could be willing to bear some political heat to achieve those objectives. But it's a delicate balance. © 2025 AFP

Trump calls for MAGA base to end 'Epstein Files' obsession
Trump calls for MAGA base to end 'Epstein Files' obsession

France 24

time6 hours ago

  • France 24

Trump calls for MAGA base to end 'Epstein Files' obsession

Trump's Department of Justice and the FBI said in a memo made public last week there was no evidence that the disgraced financier kept a "client list" or was blackmailing powerful figures. They also dismissed the claim that Epstein was murdered in jail, confirming his death by suicide at a New York prison in 2019, and said they would not be releasing any more information on the probe. The move was met with incredulity by some on the US far-right -- many of whom have backed Trump for years -- and strident criticism of Attorney General Pam Bondi and FBI Director Kash Patel. "What's going on with my 'boys' and, in some cases, 'gals?' They're all going after Attorney General Pam Bondi, who is doing a FANTASTIC JOB!" Trump said Saturday in a lengthy post on his Truth Social platform. "We're on one Team, MAGA, and I don't like what's happening. We have a PERFECT Administration, THE TALK OF THE WORLD, and 'selfish people' are trying to hurt it, all over a guy who never dies, Jeffrey Epstein," he added, referring to his "Make America Great Again" movement. Many among the MAGA faithful have long contended that so-called "Deep State" actors were hiding information on Epstein's elite associates. "Next the DOJ will say 'Actually, Jeffrey Epstein never even existed,'" furious pro-Trump conspiracy theorist Alex Jones tweeted after last week's move. "This is over the top sickening." Far-right influencer Laura Loomer called for Trump to fire Bondi over the issue, labeling her "an embarrassment." But on Saturday, Trump came to the defense of his attorney general, suggesting that the so-called "Epstein Files" were a hoax perpetrated by the Democratic Party for political gain, without specifying what benefits they hoped to attain. On Saturday, Trump struck an exasperated tone in his admonishment of his supporters. "For years, it's Epstein, over and over again," he said. "Let' waste Time and Energy on Jeffrey Epstein, somebody that nobody cares about." The US president called for Patel and Bondi to instead focus on what he terms "The Rigged and Stolen Election of 2020," which Trump lost to Joe Biden. The Republican has repeatedly perpetuated unfounded conspiracy theories about his loss being due to fraud. He called for the FBI to be allowed to focus on that investigation "instead of spending month after month looking at nothing but the same old, Radical Left inspired Documents on Jeffrey Epstein. LET PAM BONDI DO HER JOB — SHE'S GREAT!" Trump, who appears in at least one decades-old video alongside Epstein at a party, has denied allegations that he was named in the files or had any direct connection to the financier. "The conspiracy theories just aren't true, never have been," said FBI Director Patel on Saturday, hours before Trump's social media post. Not everyone, however, seemed to be on the same page. US media reported that Dan Bongino -- an influential right-wing podcast host whom Trump appointed FBI deputy director -- had threatened to resign over the administration's handling of the issue. © 2025 AFP

Macron calls on EU to 'defend European interests' in US tariff talks
Macron calls on EU to 'defend European interests' in US tariff talks

LeMonde

time9 hours ago

  • LeMonde

Macron calls on EU to 'defend European interests' in US tariff talks

French President Emmanuel Macron on Saturday, July 12, condemned US President Donald Trump's threat to impose 30% tariffs on the European Union, calling on the bloc to "resolutely defend European interests." US President Donald Trump on Saturday warned that Mexico and the EU would be slapped with 30% tariffs starting on August 1, raising the stakes in already tense negotiations with two of the largest US trading partners. Expressing France's "very strong disapproval" of the announcement, Macron called on the bloc to "step up the preparation of credible countermeasures by mobilizing all instruments at its disposal" if the two sides failed to reach an agreement by August 1. "France fully supports the European Commission in the negotiation that will intensify to reach a mutually acceptable agreement by August 1, so that it reflects the respect that trade partners such as the European Union and the United States owe each other," he wrote on social media. Earlier Saturday, European Commission chief Ursula von der Leyen hit out at the new tariffs threatened by Trump, but said the EU still sought a deal to avert the measures. 'Unfair deal' Meanwhile, Mexico slammed Trump's latest tariff threat as an "unfair deal," according to a government statement. "We mentioned at the table that it was an unfair deal and that we did not agree," the Mexican economy and foreign ministries said in a joint statement. Mexico is already in negotiations seeking an alternative to tariffs that would protect businesses and jobs on both sides of the border, the ministries added, saying they hope to avoid the duties. President Claudia Sheinbaum, whom Trump often refers to favorably, expressed confidence Saturday that a deal would be reached. "We are going to reach an agreement with the US government," Sheinbaum said during a public event hours after Trump's social media post announcing the elevated tariffs. She said the talks in Washington would allow Mexico to be in a "better position" by August 1.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store