EU Urged to Use Anti-Coercion Tool Against US Tariff Threats
French President Emmanuel Macron urged the European Union to consider using its Anti-Coercion Instrument against US President Donald Trump's tariff threats over Greenland. Speaking at the World Economic Forum, Macron addressed the increasing US trade pressures and advocated for a firm EU response through its trade mechanisms.
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French President Emmanuel Macron has called on the European Union to utilize its Anti-Coercion Instrument in response to tariff threats from the United States concerning Greenland. Speaking at the World Economic Forum in Davos, Switzerland, Macron emphasized the need for the EU to stand firm against escalating US trade pressures.
Macron highlighted the challenges posed by an 'endless accumulation of new tariffs' and suggested that the EU's anti-coercion mechanism is a significant tool that should be actively considered in navigating the current tough trade environment.
The French leader's remarks reflect growing tensions in EU-US trade relations, as he calls on the bloc to deploy its measures confidently to protect its trade interests.
(With inputs from agencies.)
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