French Economy Minister Bruno Le Maire leaves the Elysee presidential palace after a weekly cabinet meeting, on May 30, 2018 in Paris. / AFP / ludovic MARIN
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U.S. Treasury Secretary Steven Mnuchin is isolated at a G7 finance ministers meeting in Canada due to Washington's new trade tariffs on its allies, French Finance Minister Bruno Le Maire said Friday.Le Maire said he would tell Mnuchin the U.S. decision to impose tariffs on European Union steel and aluminum was "legally unacceptable, politically unfair and economically dangerous". The United States Thursday said it was moving ahead to impose tariffs of 25 percent on steel imports and 10 percent on aluminum imports from the EU, Canada and Mexico, ending months of uncertainty about potential exemptions.
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