In France announced the beginning of a trade war between the US and Europe

In France announced the beginning of a trade war between the US and Europe

MEXICO city, 22 Aug — RIA Novosti. The Minister of economy and Finance of France, Bruno Le Mayor said Saturday about the actual beginning of a trade war between the US and Europe.

“Everyone in the “group of twenty” I understand that a trade war is a reality, there is a risk for global growth”, — quotes Reuters the words of Le Mayor at the meeting, “financial twenty” in Buenos Aires.

According to the Agency Europa Press, the Minister noted the need for the US to take the first step to dialogue, without which the Commission could not formulate its own proposals.

I ask the United States to return to common sense and respect as a global rule, and their allies.Bruno Le Mayor, the Minister of economy and Finance of France

He also said that in the case of the introduction of Washington’s new duties on European goods, Europe will not remain other exit, except introduction of retaliatory measures and the EU will discuss free trade negotiations with the United States until, while Washington will not abandon its import duties on aluminium and steel.

Earlier, U.S. President Donald trump has threatened a large-scale duties on cars from the EU. The Commission, in turn, has prepared a response in case of imposition of such duties.

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