Overview
- Macron labels the Trump administration "openly anti‑European" and warns the U.S. is likely to target EU digital regulation with import tariffs.
- He calls for permanent joint borrowing through eurobonds to fund AI, defense, space, semiconductors and other strategic sectors while offering European debt as an alternative to the dollar.
- Berlin swiftly rejects the eurobond plan, with a senior German official saying it distracts from fixing Europe’s productivity problem and should be addressed in long‑term budget talks.
- EU leaders meet in Belgium this week for an informal summit on competitiveness that will consider a French "Made in Europe" approach with local‑content rules that divide member states and worry automakers.
- Macron says the lull after the Greenland standoff is temporary, cites daily U.S. pressure on pharmaceuticals and tech, and warns Europe could be "swept away within five years" without decisive action.