US President Donald Trump has slapped new 10 percent tariffs on most trading partners since returning to the White House in January, and imposed sharp levies on imports of steel, aluminum and autos.
“We’re not going to hide the fact that we’re still a long way from an agreement,“ said French economy minister Eric Lombard in an interview with journalists on the sidelines of the International Monetary Fund and World Bank's spring meetings in Washington.
He said he met this week with director of the White House National Economic Council Kevin Hassett, US Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent.
But Lombard expects “ups and downs” in negotiations between both sides.
The White House has also said that Trump’s “reciprocal tariffs” were focused on countries that had been “ripping off” the world’s biggest economy.
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