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Egyptian Gazette

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Egyptian Gazette
Home Business

Macron: Trump tariff suspension only provides ‘fragile pause’

by News Wires
April 11, 2025
in Business
Emmanuel Macron

Emmanuel Macron

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PARIS – French President Emmanuel Macron said on Friday that US President Donald Trump’s decision this week for a 90-day suspension on tariffs he had imposed on countries gave room for only a ‘fragile pause’, Al Arabiya news channel reported.

“The partial suspension of American tariffs for 90 days sends out a signal and leaves the door open for talks. But this pause is a fragile one,” wrote Macron on X.

“Fragile, because the 25 percent tariffs on steel, aluminum and automobiles and the 10 percent tariffs on all other products are still in place. They represent 52 billion euros for the European Union! Fragile, because this 90-day pause means 90 days of uncertainty for all our businesses, on both sides of the Atlantic and beyond,” he added.

Macron reaffirmed that France and the European Union would present a united front in terms of negotiations aimed at reaching a deal and getting the American tariffs removed.

Tags: BUSINESSFranceTariffsUS
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The Egyptian Gazette is the oldest English-language daily newspaper in the Middle East.
It was first published on January 26, 1880 and it is part of El Tahrir Printing and Publishing House.

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