While Donald Trump carried out a retropedering about customs duties during the week, Éric Lombard remains on his guard. If he recognizes that there is “a negotiation space with the Trump administration”, the Minister of the Economy does not want to “scream victory”. © Getty_IMAGES – The Minister of the Economy recommended that business leaders “to invest in Europe”. Save save Receive the Eric Lombard trade alerts remains on the restraint. While this Wednesday, April 9, Donald Trump announced a suspension for 90 days of additional customs rights against dozens of countries, with the exception of China, the Minister of Economy considers that it is not necessary to “scream” in an interview with Ouest-France. He also warns against the risk of an explosion of Chinese exports to Europe. However, he recognizes “that there is a negotiation space with the Trump administration”. “The Americans maintain the increase in customs duties of 10 % for all European products imported into the United States, not to mention the steel and automobile measures that are maintained,” recalls Éric Lombard. This is why, according to him, “Europe must maintain the pressure”. The Minister of the Economy has also recommended that business leaders “to invest in Europe”. “They have an interest in it because it is a stable, democratic and predictable economic zone,” he said. Read also: Donald Trump’s retropedallation? Smartphones and computers exempt from surcharge The Minister of the Economy favorable to the signing of agreements with Mercosursur The TF1 plateau on Wednesday, Éric Lombard estimated this increase in customs duties from 10 % to 0.2 % growth. “It was by taking into account this impact that I proposed a lowering of our growth forecast in 2025 to 0.7 %,” said the minister. He recalled that France carefully monitored the flows of goods because “there could be the temptation for China to turn to the European market”. As a reminder, Donald Trump inflicted 145 % customs duties on the Asian country. “I want us to take a barrage to any surge of products from China!” Haded the member of the government. Déric Lombard also admitted to being “favorable” to the signing of trade agreements, in particular that with the South American Mercosur block, “provided that it is evolved, because it is not acceptable as it is. There are still improvements to it in agricultural and environmental matters ”. Receive our latest news every day, selecting the main news of the day. (tagstranslate) Commerce
