French President Emmanuel Macron has urged European companies to pause planned investments in the United States after U.S.
President Donald Trump had announced new global tariffs on American imports.
Speaking to French industry leaders on Thursday, Macron said businesses should suspend investments until there is more clarity on the situation with the U.S.
“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,” he said.
Macron mentioned possible responses, including using the anti-coercion mechanism, targeting digital services, and reviewing how the U.S. economy is financed.
He warned that Europe’s response would be stronger than its previous reaction to U.S. tariffs on steel and aluminum.
He called the tariffs “brutal and unfounded,” describing them as a major shock to global trade. He stressed that Europe must respond “industry by industry.”
