French President Macron says shifting to a world without rules; competition with the US aims to subordinate Europe, and it is unacceptable
Importance
Level 1
- On the economy says Europe must respond to its own issues of low growth.
- European competitiveness still lacks behind the US.
- Says the Anti-Coercion Instrument (ACI) is a powerful tool and Europe should not be hesitant in using it.
- More Chinese investment is needed in key European sectors.
- Europe does not have enough private investment.
- Committed to a stronger Europe in 2026.
- Europe may be behind, but its adherence to the rule of law and its predictability are key advantages.
- Doesn't make sense to threaten allies with tariffs.
- Says it's "crazy" that they have to resort to the ACI against the US.
- Does not intend to speak to Trump at Davos.
- NATO is weakened, lacking coherency.
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