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Macron Calls for Suspension of US Investments Following Tariffs

Introduction

French President Emmanuel Macron has urged European companies to halt planned investments in the United States following tariffs announced by U.S. President Donald Trump.

Context

Macron's remarks came during a meeting with industry leaders where he emphasized the need for clarity regarding U.S. trade policies before proceeding with investments. His call to action follows a recent commitment by French shipping company CMA CGM to invest $20 billion in U.S. shipping logistics, which had previously received praise from Trump. Additionally, French firm Schneider Electric announced plans to invest in U.S. energy infrastructure to facilitate artificial intelligence expansion.

Developments

The French president indicated that no measures in response to the tariffs have been dismissed. He proposed utilizing the EU's anti-coercion mechanism to safeguard European trade interests and suggested potential targeted responses against U.S. digital services and financial systems. Macron promised that the European countermeasures would be "more powerful" compared to the last retaliation against U.S. steel and aluminum tariffs.

Conclusion

Describing the tariffs as "brutal and unfounded," Macron expressed that they pose a significant threat to international trade and insisted that Europe's response must be methodical, addressing each industry affected.