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Europe Says It’s Ready for a Trade War If Pressured by the U.S.

  • France’s finance minister says EU has sanctions at the ready
  • The EU wants to negotiate a settlement over aircraft subsidies
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French Finance Minister Bruno Le Maire Source: Bloomberg

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France’s finance minister said he doesn’t want the European Union to become the latest front in the global trade war, but that the bloc would hit the U.S. with sanctions if a settlement isn’t reached in a long-running dispute over aircraft aid.