- Title: REFILE: France's Macron calls for suspension of investment in US after tariffs
- Date: 3rd April 2025
- Summary: PARIS, FRANCE (APRIL 3, 2025) (AGENCY POOL) VARIOUS OF FRENCH PRESIDENT, EMMANUEL MACRON, ENTERING MEETING ROOM AND SHAKING HANDS WITH PARTICIPANTS, INCLUDING REPRESENTATIVES OF SECTORS AFFECTED BY U.S. TARIFFS MACRON SITTING DOWN MACRON SPEAKING MACRON, MINISTERS AND OTHER PARTICIPANTS SITTING ROUND TABLE MACRON'S HANDS (SOUNDBITE) (French) FRENCH PRESIDENT, EMMANUEL MACR
- Embargoed:
- Keywords: EU Macron Trump business global trade
- Location: PARIS, FRANCE
- City: PARIS, FRANCE
- Country: France
- Topics: Europe,Government/Politics,International Trade
- Reuters ID: LVA001398403042025RP1
- Aspect Ratio: 16:9
- Story Text:French President Emmanuel Macron on Thursday (April 3) called the tariffs announced by U.S. President Donald Trump "brutal and unfounded" and a shock for international trade.
Trump on Wednesday (April 2) unveiled a 10% minimum tariff on most goods imported to the United States,with a higher 20% rate for the European Union.
Macron said European companies must suspend planned investment in the United States after Trump announced sweeping global tariffs on American imports.
Speaking 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 European response to the reciprocal tariffs must be unified and coherent.
He also said it would be more massive than its earlier retaliation to U.S. steel and aluminum tariffs.
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