financetom
Business
financetom
/
Business
/
France's Macron calls for suspension of investment in US after tariffs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
France's Macron calls for suspension of investment in US after tariffs
Apr 3, 2025 9:14 AM

PARIS (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.

"I think what's important, and that's all the work that must be done by sector, that the 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.

Macron said no response had been ruled out yet and suggested using the anti-coercion mechanism, responses targeting digital services and looking at financing mechanisms of the U.S. economy.

Macron added that the response to the reciprocal tariffs would be "more massive" than its earlier retaliation to U.S. steel and aluminum tariffs.

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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
U.S open to 'creative solutions' on pharma trade with EU, Irish minister says
U.S open to 'creative solutions' on pharma trade with EU, Irish minister says
Jul 2, 2025
DUBLIN (Reuters) -U.S. Trade Representative Jamieson Greer made clear in a meeting with Irish Trade Minster Simon Harris last month that Washington was open to creative solutions on pharmaceutical trade between the U.S. and European Union, Harris said on Wednesday. He made it clear that he was open to creative solutions when it comes to pharma and I think that's...
Vale lowers forecast for 2025 iron ore agglomerates output
Vale lowers forecast for 2025 iron ore agglomerates output
Jul 2, 2025
SAO PAULO (Reuters) -Brazilian miner Vale on Wednesday lowered its forecast for iron ore agglomerates production in 2025 to a range between 31 million and 35 million metric tons, from a previous estimate of 38 million to 42 million tons. Vale said that the change reflected current market conditions for pellets, adding that it had also decided to bring forward...
GRAPHIC-Nvidia reclaimed market value pole position in June
GRAPHIC-Nvidia reclaimed market value pole position in June
Jul 2, 2025
July 2 (Reuters) - Nvidia ( NVDA ) reclaimed the top spot among the most valued companies worldwide in June, as its shares were supported by renewed optimism over its leadership in artificial intelligence and expectations of surging demand for its AI chips. The chipmaker's market value stood at $3.86 trillion at the end of June, about 4.3% higher than...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved