France's Macron calls for suspension of investment in US after tariffs

[highplainsdem]

Source: Reuters

French President Emmanuel Macron called on Thursday for European companies to suspend planned investment in the United States after U.S. President Donald Trump announced sweeping global tariffs on American imports.

"Investments to come or investments announced in recent weeks should be suspended until things are clarified with the United States," Macron said during a meeting with French industry representatives.

The comments come weeks after French shipping firm CMA CGM announced plans to invest $20 billion in the U.S. to build shipping logistics and terminals, a plan that was hailed by President Trump at the time, and mentioned again in his Wednesday speech unveiling the tariffs.

-snip-

Macron called the tariffs "brutal and unfounded" and a shock for international trade, and that Europe must respond "industry by industry".

Read more: https://www.reuters.com/markets/frances-macron-calls-suspension-investment-us-after-tariffs-2025-04-03/

[Lonestarblue]

1. I hope most European countries cancel any US investments.

Trump is being an ignorant bully, and the only way to handle a bully is to push back and cause him to hurt.

[Bernardo de La Paz]

3. You can't go to inspect them, you can't count on dollar not falling, you can't count on no reciprocal tariffs on export

You can't count on ICE to not deport you to El Salvador, so you don't dare go to check out prospective investments in person.

If you invest in a plant in the US, the trade war might be still raging in three years, if you are lucky to get a plant operational by then. That could mean that you can't export to the world. You'd be better advised to build a plant in Canada and export to the world and be ready to export to the US when sanity returns in 2029.

Canada has free trade agreements with all G7 partners, the only country with that distinction.

[Bluetus]

8. I expect we will see the EU countruies follow suit quickly

It is crazy to put money at risk when you have a madman changing the rules practically every day.

Stellantis just did a big layoff in Indiana. Why? Because they make transmissions in Indiana, and some of these transmissions go into Pacifica vans assembled in Windsor Ontario. This was exactly what Trump's USMCA encouraged. And now Trump cut the legs from under his own policy and lots of workers are out of a job. I bet most of them were Trump voters too.

[Bernardo de La Paz]

2. Peut-etre ils iront manger de Frites Libre?

[Dave Bowman]

10. Ou de la merde? 👍

[Irish_Dem]

4. Any business or person in the US is subject to Trump's brutal threats, revenge, attacks.

He can do whatever he wants and no one will stop him.

[creon]

5. Good idea

The US is a bad environment for investment.
European companies should avoid the US.

[NNadir]

6. I used to work on the importation of important pharmaceutical intermediates from France. If we didn't...

...deliver, people died. It was that simple.

I always felt, even with all the joking between me and my French friends, that the French liked and admired us.

We will not get back what is being lost.

The disruptions to the world supply chain are sure to kill people, not that the orange pile of fecal matter in the White House gives a shit.

We are turning, over night, into North Korea, a pariah nation.

[ejbr]

7. I'm confused

Doesn't Macron understand that the billionaire tax breaks that will be provided because of tariffs take precedence over any issues with them? /s

[thought crime]

9. All large trading partners should do this

Not just EU but Korea, Japan, China, etc. Stop appeasing this impish clown.