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French Finance Minister Issues Declaration of Independence – from the U.S.
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“Clear Differences Remain Between France and the U.S, French Minister Says,” is the headline to a remarkable piece appearing in the New York Times today. The Minister, Bruno Le Maire, is brutally frank on the nature of the differences as the quotations below Illustrate. (Emphases in the quotations are jvw’s.) In fact, they amount to a Declaration of Independence of France and EU from the U.S.

It is not surprising that the differences relate to China after the brouhaha over the sale of U.S. nuclear submarines to Australia and the surprising (to the French) cancellation of contracts with France for submarines. Mr. LeMaire, sounding very much like a reproving parent, characterized this as “misbehavior from the U.S. administration.”

Mr. LeMaire made it crystal clear that the disagreement over submarines is symptomatic of deeper differences in world view that have emerged not only in France but in the EU as a consequence of China’s rise. The article states:

“‘The United States wants to confront China. The European Union wants to engage China,’ Mr. Le Maire, a close ally of President Emmanuel Macron of France, said in a wide-ranging interview ahead of the (IMF) meetings. This was natural, he added, because the United States is the world’s leading power and does not ‘want China to become in a few years or in a few decades the first superpower in the world.

Europe’s strategic priority, by contrast, is independence, ‘which means to be able to build more capacities on defense, to defend its own view on the fight against climate change, to defend its own economic interest, to have access to key technologies and not be too dependent on American technologies,’ he said.”

The rise of an alternative to the U.S. is stimulating a remarkable development of backbone in many places around the world.

The article continued, quoting the Finance Minister:

“The key question now for the European Union, he said, is to become ‘independent from the United States, able to defend its own interests, whether economic or strategic interests.’”

LeMaire might have pre-ambled that statement with: “When in the course of human events, it becomes necessary for one people to dissolve the political bonds which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.”

Still, seasoned diplomat that Mr. LeMaire is, he provided some cold comfort to the naughty U.S. administration, saying, the United States remains “our closest partner” in terms of values, economic model, respect for the rule of law, and embrace of freedom. But with China, he said, “we do not share the same values or economic model.”

The article continued:

“Asked if differences over China meant inevitable divergence between the United States and Europe, Mr. Le Maire said, ‘It could be if we are not cautious.’ But every effort should be made to avoid this, which means ‘recognizing Europe as one of the three superpowers in the world for the 21st century,’ alongside the United States and China.”

The piece concluded;

“One of the biggest lingering points of contention is over metal tariffs that former President Donald J. Trump imposed globally in 2018. Officials face difficult negotiations in coming weeks. Europeans plan to impose retaliatory tariffs on a range of U.S. products as of Dec. 1, unless Mr. Biden pulls back a 25 percent duty on European steel and a 10 percent tax on aluminum.

“‘If we want to improve the bilateral economic relationship between the continents, the first step must be for the United States to lift the sanctions in the steel and aluminum case,’ Mr. Le Maire said. ‘We are fed up with the trade wars,’ he added.”

Shared values are nice, but shared profits are clearly better.

 
• Category: Economics • Tags: China, European Union, France 
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  1. Let me tell you how this last battle will be fought.
    The last combatants will be backed by phalanxs of accountants tallying every cartridge being spent. They will do spread sheets, power point presentation and similar topics to both armies and ask for results. They will then retreat to safer positions.
    Regardless of the situation they will only sanction a cartridge, a missile or a nuke when the application is made in triplicate and 15 years prior to the battle.
    I would love this but these bastard have also tied me up and I’m no soldier.

  2. A123 says: • Website

    The key problem with the French failed attempt at a threat — THERE IS NO EUROPE: (1)

    “The NATO countries don’t have force enough to help us. It has been weakened by the Europeans. To have a military alliance, you have to have a military. The Europeans are not interested in spending the money”. “Europe”, he said, “has left us with no choice: It is not a case of the US adopting this strategy [AUKUS], it is the strategy of Europe. First, there is no Europe. There is a bunch of countries in Europe, pursuing their own interests. You can only be bilateral [perhaps working with Poland and Romania]. There is no ‘Europe’ to work with”.

    A storm in a tea-cup? Possibly. But the French went apoplectic. Expressions such as ‘stab in the back’ and ‘betrayal’ were flung around. It was Europa scorned. She is bitter and angry. Biden has made a groveling apology to President Macron over cutting out France from the submarine contract, and Blinken has been in Paris smoothing feathers.

    American actions against abuse in the global steel and aluminum markets were primarily triggered by Chinese dumping. It is minimal national sanity for:

    — The U.S. to protect domestic steel an aluminum production.
    — France to protect domestic steel an aluminum production.

    If France wants to undermine its own national security by allowing dumping by China…. That is France’s choice. Expect retaliation by Poland, Hungary, and other EU countries that want to protect their national security from Chinese ‘proxy dumping’.

    PEACE 😇
    __________

    (1) https://www.zerohedge.com/geopolitical/europa-scorned-and-forsaken

    • Replies: @El Dato
    , @antibeast
  3. El Dato says:
    @A123

    Sounds like you are scraping the bottom of the barrel to find some possibly implementable anti-China policy here, A123.

    Does France even still have local aluminum and steel production? The one competitor on the aluminum market would be Iceland. French steel production (generally all the steel production in the general region of Moselle became non-competitive about 30 years ago because the ore has too low iron content to be a market winner, and that’s before you even factor in expensive electric energy or coal which may well be laden with CO2 taxes (dunno about that). In the last 10 years, Mr. Mittal has been buying up sites, demanding subsidies/bailouts from the socialist gummints and stripping assets, leaving some desolation in the wake. He’s probably a row of solid golden elephants in his garden now, God bless him.

    Dumping? In their place, I would gladly accept cheap steel and aluminum and would rather look at producing solar panels and nukes locally.

    As for Poland, I suppose the french will just tell them to take a hike. These idiots are unhappy with the EU (with some reason, but then they also want Eurobucks) but also inimical towards the eastern sphere. Let them eat cornichons.

    • Replies: @A123
  4. There is a belief in the West that it won the cold war?

    The West won a major battle but was repelled as the Russians would not except the Zionist criminals to rape and pillage.

    Now Russia owns European energy, and as such controls Europe.

    The U.S. has recognized this and is slowly detaching itself from Europe.

    The West is losing its position of dominance very quickly….and we are still focused on a scamdemic and gender equality?

  5. A123 says: • Website
    @El Dato

    The entire point from the piece was that the French are complaining about U.S. tariffs on steel and aluminum.

    Europeans plan to impose retaliatory tariffs on a range of U.S. products as of Dec. 1, unless Mr. Biden pulls back a 25 percent duty on European steel and a 10 percent tax on aluminum.

    If you are asserting “Does France even still have local aluminum and steel production“? You seriously need to explain why France is bent out of shape over steel & aluminum tariffs on nonexistent exports.
    ____

    The rest of your post sounds like it was written by Godfree Roberts.

    Being a CCP shill will never work for you in the long term, unless you are ethnic Han.

    PEACE 😇

    • Replies: @Verymuchalive
  6. antibeast says:
    @A123

    American actions against abuse in the global steel and aluminum markets were primarily triggered by Chinese dumping.

    No, you’re wrong. Trump’s tariffs on worldwide steel and aluminum imports were triggered by global dumping.

    As shown in the graph above, Canada is the biggest exporter of both steel and aluminum to the USA while China is 8th and 2nd respectively.

  7. Cking says:

    The French Minister must be unaware of BlackRock’s ownership of the World; it is the reality.

  8. @A123

    Being a CCP shill will never work for you in the long term, unless you are ethnic Han.

    You may be a Zionist t**t, but you have hit the nail on the head.
    Put it another way.

    Being a Zionist shill will never work for you in the long term, unless you are ethnic Jew.

    Pax vobiscum !

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