Roland Lescure & United States

Roland Lescure: Roland Lescure, French Finance Minister, articulated the European sentiment regarding the Strait of Hormuz, emphasizing the need for its reopening without incurring excessive costs.

United States: The United States is engaged in a war with Iran and Israel, leading to economic damage from geopolitical shocks and uncertainty regarding its leadership in resolving crises. The United States also imposed a blockade on Iranian ports and will not renew a waiver of sanctions on Iranian oil.

Roland Lescure: Roland Lescure, the French Economy Minister, has a scheduled meeting with US Trade Representative Jamieson Greer and European Union Trade Commissioner Maroš Šefčovič.

United States: The United States' President Donald Trump threatened to raise tariffs on European Union-made cars, straining G7 (G7) unity.

Roland Lescure: Roland Lescure, France's Finance Minister, informed reporters about the upcoming G7 summit in Evian.

United States: The United States is coordinating with the European Union on critical minerals, but European governments are hesitant about the United States leading the G7's project due to concerns about access restrictions.

Roland Lescure: Roland Lescure, the French Finance Minister, stressed that Russia should not benefit from events in Iran and that Ukraine should not be collateral damage.

Roland Lescure: Roland Lescure, the French Finance Minister, pledged a united European response to any additional U.S. tariffs, stating that blackmail between allies is unacceptable.