Macron Critiques EU’s Trade Negotiation Strategy with the U.S.
PARIS — French President Emmanuel Macron criticized the European Union for failing to leverage its extensive single market during negotiations with the United States, resulting in an unsatisfactory trade agreement reached on Sunday. “We need to be feared. We weren’t feared enough,” Macron conveyed to ministers during the weekly cabinet meeting on Wednesday, according to a French official speaking anonymously.
Macron’s comments followed a period of silence after the agreement was announced, which mandates the EU to pay 15 percent tariffs on the majority of its exports to the United States. This deal has raised concerns among European leaders regarding the adequacy and competitiveness of the terms negotiated.
The reaction from Macron suggests a growing frustration within EU leadership about the effectiveness of their bargaining power on the global stage, especially in light of mounting economic pressures and trade-related challenges. The president’s remarks underscore a need for a stronger unified front in future negotiations.
As the details of the agreement continue to circulate, there are rising discussions on the potential impacts on various industries within the EU. Member states are expected to reassess their strategies to enhance their standing in international trade dialogues moving forward, reports 24brussels.
