French trade minister warns EU could respond 'extremely aggressively' to Trump's tariffs, suggesting freezing access to markets and preventing US investments. Germany urges caution. EU seeks to support European industries and accelerate trade talks amid market turbulence.
Key Points
French trade minister warns of aggressive EU response to US tariffs
Germany urges caution in dealing with Trump administration
EU seeks to support European industries amidst market turbulence
Pros
EU can use 'extremely aggressive' measures in response to US tariffs
Efforts to protect European industries and accelerate trade talks
Cons
Risk of escalating trade tensions and potential trade war