French industry leaders back Macron’s call to freeze US investments

www.rfi.fr

cross-posted to:
world@lemmy.world

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French industry leaders back Macron’s call to freeze US investments

www.rfi.fr

schizoidman@lemm.ee to

Europe@feddit.orgEnglish · 3 days ago

cross-posted to:
world@lemmy.world

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…

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.

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