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Macron: US aid program threatens to divide the West

by Ayaz Ahmet
July 3, 2023
in World
2 min read
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In a speech delivered at the French embassy in Washington, French President Emmanuel Macron said: “An alliance with the United States is ‘strongest’, calling for raising relations between the two countries to the level that history has woven between them, while warning of ‘the danger of that Europe in general and France in particular will fall prey to the current commercial competition between Washington and Beijing.” subsidies to help local companies threaten to “disintegrate the West.”

In a speech he gave to members of the French community at the Paris embassy in Washington, he added that his second official visit to the United States, after a visit he made in 2018, “also shows the strength of the relationship between the United States and the United States.” USA and France.

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During a dinner meeting with members of the US Congress on Wednesday, the French president denounced what he called “very aggressive” economic measures taken by his US counterpart Joe Biden to stimulate the industrial sector in the United States.

“These are very aggressive US measures against our companies,” he said.

The French president has warned of the “danger” that Europe in general and France in particular will fall victim to the current trade competition between Washington and Beijing, the world’s two largest economic powers.

The French president’s speech mentions a massive energy transition subsidy program that Biden has put in place called the Inflation Reduction Act. The program includes generous subsidies for electric vehicles, batteries and renewable energy, provided they are produced on American soil.

And Macron added at a meeting discussing climate change: “Put yourself in my shoes … nobody called me when the inflation law was being discussed,” asking for “respect as a good friend.” trade protectionism displayed by the American president.

The French president indicated that he “doesn’t believe for a moment” that the US administration would change the legislation that the White House considers decisive, but called for increased coordination between the US and Europe. expected to turn the page on the diplomatic crisis that occurred last year between the two countries.

In September 2021, the US announced a new Okos alliance with Australia and the UK, which angered France, which was denied a huge contract to sell submarines to Canberra and was also excluded from US strategy in the strategic Pacific and Indian Ocean region.

In addition to the issue of trade protectionism, Joe Biden and Emmanuel Macron are expected to discuss major international issues, the most important of which are China and Ukraine.

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