EU will respond to US tariff plan if needed, reaffirms French government spokeswoman

-0.51%

-1.07%

-1.69%

Dow Jones Industrial Average

DJI

48458.05

-0.51%

S&P 500 index

SPX

6827.41

-1.07%

NASDAQ

IXIC

23195.17

-1.69%

PARIS, Feb 27 (Reuters) - A trade war is in no-one's interest but the European Union will respond after U.S. President Donald Trump said his administration would soon announce a 25% tariff on imports from the EU, said French government spokeswoman Sophie Primas.

"If we must respond, we will respond," Primas told BFM TV on Thursday.

She added "the European Union has not been created to bother the United States," responding to Trump's comments on Wednesday the EU was formed "in order to screw the United States".

The European Commission said on Wednesday it will react "firmly and immediately against unjustified barriers to free and fair trade" after Trump said his administration would soon announce a 25% tariff on imports from the EU.

(Reporting by Dominique Vidalon;
Editing by Sudip Kar-Gupta)

((dominique.vidalon@thomsonreuters.com; +33149495432; Reuters Messaging: dominique.vidalon.reuters.com@reuters.net))

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.