the United States without pity, Europe abused

by time news

2023-07-07 20:13:44

Jacques-Olivier Martin. Le Figaro

EDITORIAL LE FIGARO – Even when it gets busy, the European Union is ill-equipped for this competition, where all shots are allowed.

«Dallas, your ruthless universe…” Business isn’t a TV show, and Joe Biden doesn’t look like the awful JR, but America is ruthless in the economic war being played out all over the planet. Almost a year ago, the American president and his Congress took out the checkbook: 369 billion dollars in subsidies for the construction of clean cars, solar panels, batteries, in short, to reindustrialize the country, in green, on a large scale. and at no load. A breath of fresh air which has not failed to attract multinationals from all over the world to Uncle Sam. Countless European giants have left to build new factories across the Atlantic.

Europe is badly armed, France, in debt

Internal Market Commissioner Thierry Breton sounded the alarm. Bruno Le Maire and his European counterparts have rolled up their sleeves, determined to respond to American protectionism to prevent industrialists from deserting the Old Continent. For once, the Twenty-Seven…

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