Politico: new US duties will affect 70% of €380bn worth of European exports

New US duties will affect 70% of European exports to the US worth about €380bn, Politico writes.

‘We decided not to react immediately so as not to give the impression that we panicked,’ TASS quoted a European diplomat as saying.

According to the publication, a total of 70% of European exports will fall under the duties.

Earlier, Parisians came out to a rally against job cuts and Trump’s policy.

French President Emmanuel Macron called on French companies to suspend investments in the United States.