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Le Maire: We Don’t Want A Trade War – Ball Is in U.S. Court

2
Jun

Le Maire: We Don’t Want A Trade War – Ball Is in U.S. Court

Le Maire: We Don’t Want A Trade War – Ball Is in U.S. Court

By Andrew Mayeda and Yuko Takeo

(Bloomberg) — 

We still have a few days to avoid a trade war, French Finance Minister Bruno Le Maire told reporters Saturday in Whistler, British Columbia.

  • We have everything prepared to respond to the American decisions, Le Maire says
  • If we want to avoid that escalation, it is up to the American administration to take the right steps
  • We cannot understand this American decision, we are close allies
  • We are ready to respond, but we would prefer not to respond
  • It has been a tense but tough G-7 meeting of finance ministers and central bank governors
  • NOTE: U.S. Isolated at ‘G-6 Plus 1’ as Divisions Sap Western Alliance

Source: Bloomberg

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