Published by Global Banking & Finance Review®
Posted on April 3, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleFrench President Macron calls for a pause on European investments in the US after Trump's tariff announcement, suggesting a strong European response.
PARIS (Reuters) - French President Emmanuel Macron called on Thursday for European companies to suspend planned investment in the United States after U.S. President Donald Trump announced sweeping global tariffs on American imports.
"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," Macron said 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 response to the reciprocal tariffs would be "more massive" than its earlier retaliation to U.S. steel and aluminum tariffs.
Macron called the tariffs "brutal and unfounded" and a shock for international trade, and that Europe must respond "industry by industry".
(Reporting by Dominique Patton and GV De Clercq; Editing by Makini Brice)
The article discusses Macron's call for European companies to suspend investments in the US following new tariffs by President Trump.
Macron's call is in response to Trump's announcement of global tariffs on American imports, which he views as unfounded.
Macron suggests using anti-coercion mechanisms and targeting digital services as potential responses.
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