PARIS (Reuters) -French President Emmanuel Macron on Wednesday criticised a framework deal struck between the European Union and the United States on Sunday, saying it showed the bloc had not managed to be "feared" by U.

With the ink barely dry on the trade deal between the EU and the US, the French president called for continued negotiations and, if necessary, the implementation of rebalancing measures.View on eurone

Tariffs are taxes charged on goods bought from other countries. Typically, they are a percentage of a product's value. So, a 15% tariff means that a $100 product imported to the US from the EU will have a $15 dollar tax added on top - taking the total cost to the importer to $115.