He stated that the investment planned or announced in recent weeks should be suspended until the situation is clear.
According to Macron, it is so far that the response to Trump's tariffs will be possible. He proposed to use the combination mechanism – the EU tool to protect the trading of the block, as well as response measures aimed at digital services and mechanisms for financing the US economy.
Macron called the duties “cruel and unreasonable” and said that they became a shock for international trade. According to him, Europe should react the “industry behind the industry.”
Earlier, the French CGM navigable company announced plans to invest $ 20 billion in the construction of transport logistics and terminals, Reuters notes. Also, the French Schneider Electric (SCHN.PA) electrical equipment supplier said at the end of last month he invested $ 700 million in the country to support the US energy infrastructure necessary for the development of AI.
Context
April 2 Trump announced the introduction of duties on the import of goods from many countries, including Ukraine, the EU, China and the UK. According to him, he introduces a basic fee of 10% for all goods from all countries, with the exception of those that correspond to the terms of the agreement on free trade between Mexico, Canada and the USA. He emphasized that goods that do not comply with this agreement will be further taxed in the amount of 25%.
The head of the White House added that importers will begin to pay the basic fee from April 5, and higher rates for different partners will begin to operate on April 9.
Trump noted that the American authorities introduced “relevant tariffs” for all countries in the amount “about half of the fact that they are levy from us.”
A number of leaders of countries He condemned new global mutual duties.
