4 April 2025 | Euro

France's call to abandon investments in US could hit EU economy

France's call to abandon investments in US could hit EU economy

France's President Emmanuel Macron has reacted to Donald Trump's decision to impose restrictive tariffs on the European Union by calling on companies in the trading bloc to stop investing in the United States.

According to the French leader, who spoke at a meeting with industry groups, it makes no sense for companies to invest in the US amid its economic pressure on Europe.

However, as Bloomberg notes, companies in the region which have strong trade ties with the US may find it difficult to follow Macron's advice. At the same time, the new duties create an unfavorable environment for their operations in the American market and threaten to push them out of there.

According to the latest figures released by the US Bureau of Economic Analysis, in 2023, French direct investment in the US amounted to about $370 billion. That is nearly 7% of total foreign direct investment in the United States.

Earlier on Thursday, France pushed for the EU to impose retaliatory measures against US tech companies and extend them to the services sector, according to the country's government spokeswoman Sophie Primas.

Anton Volkov MarketCheese
Period: 14.11.2026 Expectation: 3500 pips
Sell Bitcoin with $75,000 in view
30 October 2026 23
Period: 14.11.2026 Expectation: 150 pips
Go short on SPX down to $7,500
30 October 2026 37
Brent sell
Period: 29.11.2026 Expectation: 450 pips
Brent crude sell-off targets $105
29 October 2026 33
Period: 12.11.2026 Expectation: 28000 pips
Go long on NVIDIA stock up to $243
29 October 2026 34
Period: 28.11.2026 Expectation: 130 pips
Invest in SPX with 7,850 in view
28 October 2026 47
Period: 28.11.2026 Expectation: 4200 pips
Selling EURUSD down to 1.07000
28 October 2026 61
Go to forecasts