Donald Trump’s administration poses a grave risk to international trade
and Europe will have to stand up to him to prevent the collapse of
global economic institutions, French finance.
Minister Michel Sapin said on Tuesday.
“Our American partner appears to want to take
unilaterally protectionist decisions which could destabilise the whole
world economy,” Sapin said in a speech to an audience of international
economists gathered at the French finance ministry.
“Decisions by the new U.S. administration are
posing a grave risk to the world trade order,” he said. “Neither France
nor Europe … can watch helplessly as our economic institutions risk
being dislocated,” he added.