21 April 2025 | Euro

France's Economy Minister urges businesses to ‘show patriotism’ in face of US tariffs

France's Economy Minister urges businesses to ‘show patriotism’ in face of US tariffs

Following the US announcement of large-scale tariffs on imports in early April, France’s President Emmanuel Macron appealed to the country's business community to take collective and concerted action instead of acting individually.

As journalists of the Le Figaro newspaper note, half a month later the rhetoric of the French government has not changed. According to a speech by the country's Economy Minister Eric Lombard on Sunday, the eurozone authorities are now facing pressure. He said business leaders need to “show patriotism,” particularly by cooperating with other nations in the bloc.

Eric Lombard also supported the idea put forward by the president to suspend French investment projects in the United States.

Le Figaro notes that the minister is not the only authoritative person to make such calls. On Friday on TF1, Michel-Edouard Leclerc, head of E. Leclerc centers, called for a “patriotic” approach to the situation with US tariffs. He said the heads of major French corporations should not sign an agreement with the United States before intergovernmental negotiations.

Period: 03.03.2026 Expectation: 4000 pips
BTCUSD extends losses on fresh US trade restrictions
Yesterday at 10:36 AM 33
Period: 01.03.2026 Expectation: 300 pips
Investing in Brent crude as it breaks through resistance
Yesterday at 09:06 AM 26
Period: 03.03.2026 Expectation: 950 pips
AUDUSD is trading in flat as markets digest tariff uncertainty
Yesterday at 07:56 AM 17
Period: 31.03.2026 Expectation: 400 pips
Selling GBPUSD on expectations of BoE rate cut
Yesterday at 07:02 AM 12
Period: 01.03.2026 Expectation: 7500 pips
Investing in silver with $86 in sight
20 February 2026 88
Brent sell
Period: 28.02.2026 Expectation: 90 pips
Brent crude selloff with $71.30 target
20 February 2026 78
Go to forecasts