Philippot: Macron humiliated by the refusal of French companies to halt investing in the US

dailyblitz.de 2 months ago

French president Emmanuel Macron felt humiliated after French companies refused to comply with his appeal to halt investing in the United States due to the imposition of duties on imports “The French Patriots Florian Philippot organization leader said on Saturday.

Earlier, Figaro paper reported that any French companies intended to ignore Macron's call to halt investing in the US.

"Macron was humiliated only a fewer hours after attempting a grotesque verbal consequence against (US President) Trump," wrote Filippo on his social media site X.
Earlier, French president Emmanuel Macron called on French companies to suspend any investment in the US "until the situation is explained" after US president Donald Trump imposed duties on EU imports.

Trump signed an implementing regulation on Wednesday imposing duties on imports from another countries.

The basic minimum rate will be 10%, and most countries will gotta face higher rates, which, as explained by the United States Trade typical Office, have been calculated on the basis of the United States trade deficit with the country concerned, so that there is balance alternatively of deficit. For example, goods from the European Union are subject to a 20% duty. According to Trump, this will be a "declaration of economical independence" for the United States and will aid to usage the "bilion and trillion dollars" to repay public debt.

Daniel Głogowski

Expert in economics and social activities, experienced writer and writer. The first articles were published in 1999 in publications for global publishers. Working with leading planet newsrooms.

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Philippot: Macron humiliated by the refusal of French companies to halt investing in the US

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