The French president, Emmanuel Macron, has called on the EU to “defend European interests resolutely” after Donald Trump threatened to impose 30% tariffs on nearly all imports from the EU.

It came as the EU moved to de-escalate tensions after the blunt move by Trump on Saturday. The bloc declared a further pause on €21bn of retaliatory tariffs until 1 August, dovetailing with the US president’s new deal deadline.

At the same time, the European Commission president, Ursula von der Leyen, and the Indonesian president, Prabowo Subianto, announced a “political agreement” on a free trade deal on Sunday, ending nine years of negotiations.

  • JumpyWombat@lemmy.ml
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    8 days ago

    What would be the chance that fighting tariffs hitting BigTech would kickstart a tech market in Europe?