Macron Urges EU Investment Halt Over US Tariffs
Macron Urges EU Investment Halt Over US Tariffs

Macron Urges EU Investment Halt Over US Tariffs

News summary

French President Emmanuel Macron has urged European companies to suspend investments in the United States in response to President Donald Trump's new tariffs on EU exports. Macron's call for 'collective solidarity' aims to pressure the EU to adopt a unified stance against Trump's 'brutal and unfounded' trade measures, which impose a 20% tariff on European goods. The tariffs have sparked global criticism, with leaders like China's commerce ministry and the EU's Ursula von der Leyen warning of dire economic consequences. Macron emphasized the need for a stronger European trade policy, suggesting potential retaliatory tariffs and measures against American digital services. The French shipping firm CMA CGM and luxury goods giant LVMH, both planning significant US investments, are among those directly impacted by Macron's proposal. The EU is considering further countermeasures while still open to negotiations with the US.

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57% Left
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+3
Left 57%
Center 29%
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Total News Sources
7
Left
4
Center
2
Right
1
Unrated
0
Last Updated
53 min ago
Bias Distribution
57% Left
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