The French President Macron made a tough speech to the United States.
On April 3rd, French President Macron said that the tariff measures announced by the United States on April 2nd were "cruel and groundless", and he called on enterprises to suspend investments in the U.S.
France exports more than 50 billion US dollars worth of goods to the United States every year and can achieve over 10 billion US dollars in trade surplus. Therefore, the tariff measures imposed by the United States will have a significant impact on French enterprises. French enterprises invest heavily in the U.S. market each year, but at the same time, the United States is also France's main source of overseas funds. If French enterprises lose the opportunity to access the U.S. market, it will seriously affect France's competitiveness. French President Macron called on enterprises to suspend investments in the U.S., which would be a case of harming the enemy at the cost of one's own losses. Nowadays, France's economy cannot afford any折腾(an idiom meaning折腾means trouble or turmoil), and if President Macron wants to save face, he may end up losing both face and substance.
Original article: https://www.toutiao.com/article/1828458496304196/
Disclaimer: This article only represents the personal views of the author.