French President Emmanuel Macron took a swipe during an address to Congress on Wednesday at President Trump’s plan to levy a variety of tariffs on U.S. allies and China.
Macron insisted that, instead of imposing tariffs, the best way forward is a consensus on trade and using the World Trade Organization to fight against abuses.
“We need a free and fair trade for sure,” he said.
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During his speech to Congress, however, Macron said that facing challenges in a growing global economy “requires the opposite of massive deregulation and extreme nationalism.”
“A commercial war is not consistent with our mission, with our history with our current commitments for global security,” Macron told lawmakers on Capitol Hill.
“At the end of the day it will destroy jobs, increase prices and the middle class will have to pay for it.”
Trump has vowed to slap tariffs of 25 percent on imports of steel and 10 percent on aluminum.
The 28-nation European Union, of which France is a part, has a temporary waiver from the tariffs.
But that could change next week. The Trump administration set a May 1 deadline for decisions on exemptions if a new agreement isn’t reached to either permanently exclude the EU or provide more time to reach a deal that would stop the tariffs.
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Macron blasts Trump over tariffs in speech to Congress https://t.co/8NkVdaA3Zu pic.twitter.com/9DkvzoQZT6
— The Hill (@thehill) April 25, 2018
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