As transatlantic trade tensions flare over new US tariffs, French President Emmanuel Macron has urged companies to freeze US investments in order to protect France’s economic interests and rally European…

cross-posted from: https://lemm.ee/post/60420469

France’s largest employers’ federation, Medef, swiftly backed Macron’s position.

“The world is reorganising,” said Medef president Patrick Martin, who described the situation as “very serious”. He said France and Europe must now focus on competitiveness and cutting back regulation as global trade tensions rise.

Business group France Industrie echoed the call for action.

Its president, Alexandre Saubot, urged French manufacturers to consider suspending US investments as a show of strength. “To negotiate from a position of strength, we have to be ready to use all the levers at our disposal,” he said.

  • slst@lemmy.blahaj.zoneEnglish
    11·
    2 days ago

    He’s an asshole who pretends not being far right while doing everything to bring our government closer to authoritarianism