Macron says the EU is set to announce short-term defence financing

The European Union is stepping up with more spending for defence in the face of Trump’s cut backs.

• says Trump tariffs would hinder the EU’s rise in defence expenditure
• we don’t need a trade war

Macron speaking in a TV interview after his meeting with Trump on Monday.

more to come

This article was written by Eamonn Sheridan at www.forexlive.com.