Macron's office said the two presidents spoke by phone after Trump's administration announced the decision to impose 25 percent tariffs on steel and 10 percent tariffs on aluminum.
The European Union is planning retaliatory tariffs on U.S. steel and food goods in the coming weeks, once it calculates the exact cost to European Union companies of the U.S. tariffs.
The EU's trade chief, Cecilia Malmstrom, said the move to impose tariffs "is further weakening the Trans-Atlantic relations." "will cause a lot of damage to our steel and aluminum industry" and risk hurting global economic growth.
The Wolfsburg-based company is calling for dialogue between the U.S. and the EU within recognized World Trade Organization principles "in order to prevent any long-term economic damage."
No worry, the outcome will be the same.
No worry, the outcome will be the same.
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