financetom
Business
financetom
/
Business
/
US warns French companies they must comply with Trump's diversity ban
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US warns French companies they must comply with Trump's diversity ban
Mar 29, 2025 1:48 AM

PARIS (Reuters) - The Trump administration has written to French companies holding U.S. government contracts ordering them to comply with an executive order banning diversity, equity and inclusion programmes, two people familiar with the matter said.

The companies have been told to confirm their compliance in a separate questionnaire entitled "Certification Regarding Compliance With Applicable Federal Anti-Discrimination Law." Reuters has seen a copy of the questionnaire.

The documents will raise concerns in European boardrooms that the Trump administration is widening its fight against DEI overseas, at a time U.S. President Donald Trump's actions on tariffs and security ties have upended trans-Atlantic relations.

French business daily Les Echos, which first reported the existence of the letter late on Friday, said the missive had been sent out to firms by the U.S. embassy in Paris.

An embassy spokesman did not immediately respond to a request for comment.

An official close to French Finance Minister Eric Lombard said the matter would be taken up with the U.S. government.

"This practice reflects the values of the new U.S. government. They are not the same as ours. The minister will remind his counterparts in the U.S. government of this," the official said.

Reuters could not immediately identify which companies had received the letter. Defence and infrastructure companies were among those that risked exposure, media reported.

It was not immediately clear if similar letters and questionnaires had been sent to foreign companies in other European countries.

Trump has sought to eradicate DEI initiatives, which he and other critics say are discriminatory, from the government and private sector.

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 >
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,...
Convenience store operator Arko reports Q2 net income rise
Convenience store operator Arko reports Q2 net income rise
Aug 6, 2025
Overview * Arko ( ARKO ) Q2 net income rises to $20.1 mln from $14.1 mln yr-ago * Adjusted EBITDA of $76.9 mln beats analyst expectations, per LSEG data * Co converted 70 retail stores to dealer sites as part of transformation plan Outlook * Company expects Q3 2025 Adjusted EBITDA between $70 mln and $80 mln * ARKO (...
Grand Canyon Education Q2 adjusted EBITDA beats expectations, revenue up 8.8%
Grand Canyon Education Q2 adjusted EBITDA beats expectations, revenue up 8.8%
Aug 6, 2025
Overview * Grand Canyon Education ( LOPE ) Q2 service revenue rises 8.8% yr/yr, driven by enrollment growth * Adjusted EBITDA beats analyst expectations, reflecting strong operational performance, per LSEG data * Net income for Q2 increases 19.1%, reflecting improved profitability Outlook * Grand Canyon Education ( LOPE ) sees Q3 service revenue between $258.5 mln and $260.5 mln *...
Sonos Q3 revenue beats estimates
Sonos Q3 revenue beats estimates
Aug 6, 2025
Overview * Sonos ( SONO ) fiscal Q3 revenue beats high end of guidance * Adjusted EPS for fiscal Q3 beats analyst expectations, per LSEG data * Adjusted EBITDA for fiscal Q3 beats analyst estimates, per LSEG data Outlook * Company to provide guidance on Third Quarter Fiscal 2025 earnings call * Sonos ( SONO ) highlights tariffs and macroeconomic...
Copyright 2023-2026 - www.financetom.com All Rights Reserved