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.

  • MigratingApe@lemmy.dbzer0.comEnglish
    132·
    2 days ago

    Thank you. And sorry for the dumbass that downvoted you (the guy just spend a few minutes of his life writing this, you do not have to agree with him to appreciate the effort…)

    • TWeaK@lemm.eeEnglish
      17·
      2 days ago

      I just want to add something right here:

      Retirement was pushed to the age of 64 under his name

      Macron did this unilaterally by twisting an emergency constitutional power so that he could bypass a vote from the Assembly/Senate.

    • index@sh.itjust.worksEnglish
      2·
      2 days ago

      I personally downvoted because making a post about how bad he is only to conclude that he got voted doesn’t sound much smart.