EU ‘will not back down’ in face of tariffs, French trade chief says

EU 'will not back down' in face of tariffs, French trade chief says EU 'will not back down' in face of tariffs, French trade chief says

PARIS — The European Union should consider countermeasures to tariffs, including one typically considered a last resort, France’s trade minister indicated Thursday in a written interview with Nikkei.

“All options are on the table,” said Laurent Saint-Martin, who oversees tariff issues and attended the EU meeting of trade ministers on Monday. “The European Union has a substantial toolbox at its disposal, including the ACI.” He was referring to the Anti-Coercion Instrument, created in 2023 by the EU with countries like China in mind.