Title: France Hits back at Trump’s Steel, Aluminum Tariffs with Champagne, Macarons and More
In this article, the New York Times covers the issue of retaliation from France for the steel and aluminum tariffs imposed by President Trump. France has announced a list of American products, such as Champagne and macarons, to which they will add a 5% customs fee in June. The French government is targeting products that have cultural and economic significance in the US, while excluding some items, such asINTel products, that are produced in the US but marketed globally. The counter-measures are aimed at the US since potentially affected American-made items still need to be produced before tariffs rise.
Furthermore, the article highlights the escalating trade tensions between the United States and European Union, with President Trump also threatening additional tariffs on French products amid a long dispute over taxes on American tech giants. This situation could potentially deteriorate further as both sides continue to take tit-for-tat steps in a trade dispute.
Lastly, it is mentioned that France’s counter measures won’t be enough to offset the full cost of the American tariffs for the Canadian and Mexican steel. The US imposed steel and aluminum tariffs on these two countries last year, and France decided to introduce tit-for-tat measures against them. However, it was made clear by French officials that the purpose of its list is not to match the tariff imposed by the US, but rather to support products with significant economic or cultural significance.
In terms of tag format:
Title: France Hits back at Trump’s Steel, Aluminum Tariffs with Champagne, Macarons and More
Tags: trade, tariff, retaliation, Donald Trump, France, Champagne, macarons, United States, European Union, tech giants, economic impact, tit-for-tat steps, escalation.
Citation:
New York Times. (2025, March 15). France Hits back at Trump’s Steel, Aluminum Tariffs with Champagne, Macarons and More. Retrieved from https://www.nytimes.com/2025/03/15/business/france-champagne-wine-tariffs-trump.html
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