French Finance Minister Bruno Le Maire said on Thursday that the European Union is ready to respond “with sanctions” should Washington reject Brussels’ offer in settling the Airbus trade dispute.
“If the American administration rejects the hand that has been held out by France and the European Union, we are preparing ourselves to react with sanctions,” said Le Maire as cited by Reuters.
The warning follows the Trump administration slapping the EU with hefty 25 percent tariffs on a range of industrial and agricultural products. The duties are set to take effect on October 18.
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