France, April 3 -- French President Emmanuel Macron was on Thursday meeting with the heads of sectors hit by new US tariffs on European Union goods. The 20 percent import tax, announced by President Donald Trump, will hit major French exports including aeronautics, wine and luxury items.

Tariffsare a major policy of Trump's "America first" agenda, which aims to reduce the US trade deficit - which stood at nearly €100 billionat the end of last year.

While France imports more from the United States than it exports, the US is still its fourth largest export market, after Germany, Italy and Belgium.

France's €48.5 billion of exports in 2024 will now be subject to Trump's 20 percent tariffs on goods coming from the European Unio...