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Macron Calls for Withdrawal of U.S. Investment After Trump Imposes Tariffs
Paris, April 4, 2025 — French President Emmanuel Macron has issued a stark warning to European businesses, urging them to reconsider their investments in the United States following a new wave of tariffs introduced by former U.S. President Donald Trump, who is widely expected to run again in 2024. The call marks a significant escalation in the ongoing economic tensions between Washington and Brussels.
In a press conference held at the Élysée Palace on Thursday morning, Macron denounced the tariffs as “aggressive, unilateral, and deeply damaging to transatlantic trade.” The Trump-imposed tariffs, which target key European exports including steel, automobiles, and agricultural goods, have sparked outrage across the EU.
“If American leadership chooses confrontation over cooperation, we must protect our sovereignty, our industries, and our workers,” Macron said. “European companies must now seriously consider redirecting their investments away from the United States and toward more reliable and reciprocal partners.”
The tariffs, which mirror many of the protectionist measures taken during Trump’s first term, have been criticized as part of a broader strategy to court domestic manufacturing voters in the lead-up to the Republican primaries. But the move has already drawn swift condemnation from European leaders who argue it undermines decades of alliance-building and economic integration.
Macron’s call for a re-evaluation of economic ties with the U.S. may carry particular weight among France’s industrial giants such as Renault, Airbus, and LVMH, all of which maintain a significant presence in the American market.
European Commission President Ursula von der Leyen expressed “deep regret” over the renewed tariffs but stopped short of echoing Macron’s call for disinvestment. “We remain committed to open dialogue, but the European Union will respond in a firm and proportionate manner,” she said in a statement.
In recent years, Macron has increasingly styled himself as a defender of European autonomy, pushing for greater independence in defense, energy, and economic policy. This latest move is seen by some analysts as a continuation of that strategy, aimed at reducing EU dependence on volatile U.S. politics.
Washington has not yet officially responded to Macron’s comments, though Trump allies in Congress have dismissed the French president’s remarks as “posturing.” Former U.S. Trade Representative Robert Lighthizer defended the tariffs, arguing that “America must always put its industries first.”
The coming weeks are expected to see a flurry of diplomatic activity, with EU officials preparing a possible package of retaliatory measures, while business leaders assess the potential fallout from a worsening trade standoff.
Whether Macron’s bold rhetoric will translate into meaningful shifts in European investment policy remains to be seen, but one thing is clear: the transatlantic economic relationship is facing one of its most serious challenges in years.
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