He visits the United States next week Emmanuel Macron French head of state. Bruno Le Maire The French Finance Minister spoke about this on Sunday: Europe must protect its economic interests from the effects of the US Anti-Inflation Act.
The United States recently passed a new anti-inflation law that seeks to address the country’s economic woes through tariffs, other austerity measures, and a massive stimulus package. However, according to European leaders, the measures to protect American manufacturers and the support package included in the law could deal a fatal blow to European industries, which have already been hit by high energy prices due to the Russian invasion of Ukraine.
France may request exemptions from certain tariffs and restrictions imposed by the US government. But we have to ask ourselves the real question, what kind of globalization is ahead?
Bruno Le Maire told France 3 TV.
the According to Reuters And the French Finance Minister said: China prefers Chinese production, America prefers American production, and it is time for Europe to prefer its own production. According to him, all European countries must understand that today they must learn to protect European economic interests against these American decisions.