Macron criticizes Trump’s “brutal” fees and appeals for the gap of investments

Emmanuel Macron criticized Donald Trump’s decision to impose mutual customs rights in almost all countries, qualified as “brutal” and “unfounded” and demanded that future European investment in the United States be suspended.

According to Macron, the space must be prolonged by “till things clarify things with the United States”.

“What is the message that the biggest European actors have to invest thousands of euros in the US economy?” Macron said during the meeting with representatives of the French industry.

“We need joint unity.”

Macron does not exist against Trump’s unprecedented effort, which will reach the EU at a rate of 20% to 20%. Separately, this block will face 25% rates on steel, aluminum and automobile exports already in practice.

Macron was incredibly in the expectation of Trump’s expectation that the imposition of high rates would help reduce the shortage of business partners, including the constituency.

The formula that calculated the White House rates was widely criticized.

By 2023, the European Union registered a surplus with the United States worth 156.6 billion, but a shortage of services worth 108.6 billion.

“The decision that was announced last night was brutal and unfounded. It was unfounded because it could not adjust business inequalities by imposing fees,” he said.

“The foundations of economic theory show differently, especially when the inequalities do not take into account digital services.”

Macron has predicted that mutual fees will be unable to persist for the US economy immediately, making American companies and “weak” and “poor” citizens.

Macron also talked about the consequences of Europe, which echoes the “massive” and the “all sectors” of the economy.

As for a “unprecedented” challenge, the European Union is expected to use its 450 million consumers a single market, and Macron said Macron said.

The European Commission has revealed the availability of retaliation against customs rights, but warned that preference should be given to negotiations.

“Nothing is excluded. All the tools are on the table,” said Macron, who echoes the words of Ursula Van Ter Lion, the head of the European Commission earlier this week.

Advertisement

One of these options, the French leader, said that the activity included Tool The EU must fight the cases of economic insistence. If triggered, this tool can impose customs rights, control trade in services and control access to foreign direct investment and public contracts.

This tool has never been used since the practice of 2023.

Macron also raised the opportunity to retaliate against “most important” digital services and “US economic financial systems from the United States, without explaining what kind of retaliation.

“We should not exclude anything in the short term,” he said. “We need to do the most effective and very proportional, but in any case, it is very clear that we are not sure that things should not happen because there are no victims of these fees. So protect ourselves and protect ourselves.”

Advertisement

During his inflammatory intervention that Trump’s mutual fees could trigger in Asian countries, the president warned of shock waves, which were higher than the volume: 24%for Malaysia, 26%for India, 32%for Indonesia, 36%for Thailand, 46%for Vietnam, 48%for Lavos and 48%for 48%.

China will be the target of 34%of the mutual fee, which will accumulate at the rate of 20%previously announced, ie 54%.

The positions are highly restricted, and Brussels fear that Asian countries that depend on exports send their products to Europe as an alternative market.

China is particularly concerned because it is already an intensive study by flooding the West by low -quality and strongly subsidized products. The Commission said it would begin tight surveillance to detect sudden changes in trade.

Advertisement

Macron said, “When you see the US market, at least 30% to 40% of customs rights (these countries) will turn their runs to Europe,” Macron said.

“This is not something we see immediately (but) something we are preparing.”