France Says EU Will Retaliate If US Threatens Its Industries (2)

May 5, 2026, 11:58 AM UTC

The European Union has tools that it can turn to if Donald Trump makes excessive threats to strategic industries such as steel, French Trade Minister Nicolas Forissier said.

The US president said on Friday he planned to increase levies on imports of EU cars and trucks to 25% this week because he considers the bloc isn’t complying with a trade deal struck in July.

EU officials have said all options will be on the table if Trump follows through with the threat as the two sides work to implement the agreement.

WATCH: French Trade Minister Nicolas Forissier speaks on Bloomberg Television. Source: Bloomberg

“We will use our tools, ...

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