French President Emmanuel Macron warned of a split in the West during his visit to the United States. The past few months have been challenging “because we are starting to differ on energy issues and the costs of the war in Europe and the US are not the same.”
Macron has been in the United States since Tuesday evening (local time) for a multi-day state visit. On Wednesday night, he delivered a speech at the French embassy in Washington, warning of a split in Western forces. He referred, among other things, to energy issues, the war in Ukraine, but also to the “Inflation Reduction Act”, which is intended to boost US industry and give it priority over foreign competitors. In detail, subsidies and tax credits are linked to companies using US products or producing them themselves in the US. According to Macron, the law carries the risk of the US government looking at itself first and then at rival China.
criticism of subsidies
To prevent economic hostility from breaking out, it is necessary to work hand in hand to realign one’s own agenda with US plans. Another point of criticism Macrons had over lunch was the subsidies for US products in the fight against climate change. The subsidies are “super aggressive” towards French companies. The US government may solve their problems with them, “but they will increase my problem.”
Macron has already met with US MPs and US Vice President Kamala Harris. A meeting with US President Joe Biden, a joint press conference and a festive state banquet with dinner are scheduled for Thursday. Macron is the first foreign guest in Biden’s tenure to receive this honor. His wife Brigitte and several ministers accompany him on the journey.
Source: Krone
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