France Says EU Will Retaliate If US Threatens Its Industries

WATCH: French Trade Minister Nicolas Forissier speaks on Bloomberg Television.Source: Bloomberg

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By Anna Edwards, Guy Johnson, and Tom Mackenzie

May 5, 2026 at 7:20 AM UTC

Updated on

May 5, 2026 at 11:58 AM UTC

The European Union has tools that it can turn to if Donald Trump makes excessive threats to strategic industries such as steel, French Trade Minister Nicolas Forissier said.

The US president said on Friday he planned to increase levies on imports of EU cars and trucks to 25% this week because he considers the bloc isn’t complying with a trade deal struck in July.