PARIS (Reuters) - The United States can expect a strong and united response from Europe to any further tariff increases, French Finance Minister Bruno Le Maire said on Sunday, warning a trade war was already underway.
FILE PHOTO: French Finance Minister Bruno Le Maire walks in the courtyard as he arrives at the Elysee Palace in Paris, France, July 6, 2018. REUTERS/Regis Duvignau
“If tomorrow there is an increase in tariffs, like in the car industry, including on cars, our reaction should be united and strong to show that Europe is a united and sovereign power,” Le Maire said.
“The question is no longer whether or not there will be a trade war, the war has already started,” he added, speaking at an economic conference in Aix-en-Provence, in southern France.
Reporting by Leigh Thomas and Pascale Denis; Editing by Ingrid Melander