During a recent address at the World Economic Forum (WEF) in Davos, Swiss, French President Emmanuel Macron expressed strong opposition to the tariffs imposed by the United States on European countries. His remarks came in response to U.S. President Donald Trump’s threat of imposing a staggering 200% tariff on French wines, a move seen as retaliation for France’s stance on U.S. foreign policy, particularly regarding Greenland.
Macron’s speech emphasized the need for growth and stability in the global economy, advocating for respect among nations rather than bullying tactics. While he refrained from directly naming Trump, his message was clear: “We need more growth. We need more stability in this world, but we do prefer respect to bullies,” he stated, underscoring his appeal for international cooperation over aggression.
In addressing potential actions in response to U.S. tariffs, Macron mentioned the European Union’s Anti-Coercion Instrument (ACI), which would allow the EU to restrict U.S. access to its market and limit foreign direct investment. He deemed it “crazy” that the situation might necessitate the use of such mechanisms for the first time due to U.S. measures.
Macron called for the dismantling of tariffs, arguing that they create division and threaten the economic ties between allies. “It doesn’t make sense to have tariffs and be divided, and even to be threatened now with additional tariffs,” he asserted, highlighting a desire for mutual respect and cooperation in trade relations.
The discussion at Davos underlines a crucial moment for transatlantic relations, as leaders look to navigate these complexities while promoting a unified and economically beneficial partnership. Macron’s insistence on dialogue and collaboration presents a hopeful outlook as European leaders consider collective actions to address these challenges.