Macron calls for suspension of EU investments in the US - Reuters

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The French President has called on European companies to suspend investments in the US due to tariffs. He proposed a stronger response to tariffs and the use of a mechanism to counter coercion by the US.

French President Emmanuel Macron has called on European companies to suspend planned investments in the United States following Trump's decision to impose tariffs on foreign goods. This is reported by Reuters, reports UNN.

Details

During a meeting with representatives of French industry, Macron said that investments in the United States should be suspended for the time being until the problem is resolved.

The comments came weeks after French shipping company CMA CGM announced plans to invest $20 billion in the United States to build logistics and terminals. The French president added that the response to reciprocal tariffs would be "more powerful" than the previous response to US tariffs on steel and aluminum. He also proposed using a mechanism to counter coercion by the United States.

Addition

The leaders of France and Germany insist on an aggressive EU response to the new US tariffs. In their opinion, this could strengthen the position of the European Union.

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