French finance minister Eric Lombard called U.S. President Donald Trump’s trade war “stupid” after the threat of 200 percent tariffs on alcohol imports from the European Union. Lombard said the Europeans would have to respond in kind.
“It’s a stupid war, but if we want to be able to negotiate, we have to put ourselves on equal terms, so we’re also going to raise tariffs,” Lombard said on Telematin Friday morning.
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