By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TrendSnapNewsTrendSnapNews
  • Home
Reading: Wars and Trade Take Center Stage in Biden–Macron Meeting During State Visit
Share
Notification Show More
TrendSnapNewsTrendSnapNews
  • Home
Follow US
© 2024 All Rights Reserved |Powered By TrendSnapNews
TrendSnapNews > Uncategorized > Wars and Trade Take Center Stage in Biden–Macron Meeting During State Visit
Uncategorized

Wars and Trade Take Center Stage in Biden–Macron Meeting During State Visit

June 8, 2024 5 Min Read
Share
Wars and Trade Take Center Stage in Biden–Macron Meeting During State Visit
SHARE

The leaders seek to tackle China’s unfair trade practices and aggression in the Indo–Pacific through a coordinated response.

PARIS, France—President Joe Biden met with French President Emmanuel Macron at the Elysee Palace in Paris on Saturday to address a wide range of pressing issues, including the wars in Ukraine and the Middle East, as well as China’s industrial overcapacity and aggression in the Indo–Pacific.

During the joint press statement, Ukraine was a key topic for both leaders. According to Mr. Macron, France and the United States share an understanding in regards to support for Ukraine. In addition, he voiced his endorsement of the Gaza peace plan put forth recently by President Biden.

The leaders opted for a “press statement” instead of a press conference; hence, they didn’t take any questions from the media. During the event, Mr. Macron expressed his desire for “a joint roadmap” regarding the wars in Ukraine and the Middle East.

Mr. Biden began his speech by praising the rescue of four Hamas hostages in a special operation by the Israeli military on Saturday. He called for the release of the remaining hostages.

While both leaders expressed a shared vision for Ukraine, releasing Russian assets currently frozen in European accounts and using them to aid Ukraine, particularly in reconstruction, is one of their main challenges.

Discussions on unlocking these assets have been ongoing between the United States and its G-7 partners. Recently, the G-7 finance ministers discussed the legality of using some 270 billion Euro of frozen Russian state assets as collateral for providing a loan to Ukraine.

See also  Canyonlands Cliffhanger: Utah Republican House Primary Appears Headed for Recount

Following the press statement, both leaders declined to respond when asked about their positions on frozen Russian assets.

The White House previously acknowledged that the United States cannot unilaterally decide on Russian assets “because the assets are held all over the world.”

“So, we’ve got to have participation and assistance with our allies and partners, or it won’t work,” White House National Security communications advisor John Kirby told reporters during a call on June 4.

Mr. Macron, during the press statement, highlighted China’s unfair trade practices, specifically mentioning China’s industrial overcapacity problem. He noted that the United States and France should have a coordinated response to counter this problem.

Chinese businesses are rapidly seizing market share in strategic industries such as solar panels, wind turbines, steel, and cement. The U.S. and European governments have raised concerns about China’s excessive capacity, which is largely attributed to massive government subsidies. One major concern is the impact of the overcapacity problem on international competitors and the development and innovation of industries in other countries.

During their bilateral conversation, President Biden spoke about China, highlighting the significance of coordinating and investing at home.

The president told Mr. Macron that in his recent conversation with Chinese leader Xi Jinping, Xi asked why the United States planned to potentially impose tariffs on certain vehicles. The president stated that he told the Chinese leader that Beijing is not abiding by any rules.

According to Mr. Kirby, the two presidents also seek to explore ways to deepen maritime cooperation in the Indo–Pacific.

See also  Tenjutsu is a New Martial Arts Action Roguelike from the Former Director of Dead Cells

“Specifically, we expect an announcement that we will work together to build law enforcement capacity—maritime law enforcement capacity particularly—and to increase U.S.–France technical cooperation on port security in the Indo–Pacific,” Mr. Kirby told reporters on June 7.

Before their bilateral meeting, Mr. Macron and his wife Brigitte Macron hosted a welcome ceremony for the president and First Lady Jill Biden at the Arc de Triomphe in Paris, an iconic symbol of France that honors those who fought and died in the French Revolutionary and Napoleonic Wars.

“This is a particular honor, reflecting our close and very long relationship,” Mr. Kirby said.

In December 2022, President Biden hosted President Macron at the White House for the first state visit of his administration.

You Might Also Like

The King of Fighters 15 – Vice and Mature Announced for December 2024

Lego Hill Climb Adventures is a charming, simplified Trials

France National Assembly’s reelected speaker Braun-Pivet to cohabit with New Popular Front

DeFi Protocol Rho Markets Suffers $7.6 Million Loss Scare With Gray Hat Hackers

US Calls on Chinese Regime to End Its 25-Year Persecution of Falun Gong

Share This Article
Facebook Twitter Copy Link
Previous Article Lana Del Rey Says Taylor Swift ‘Wants’ Her Career ‘More Than Anyone’ Lana Del Rey Says Taylor Swift ‘Wants’ Her Career ‘More Than Anyone’
Next Article Dune: Awakening story teased in new cinematic trailer Dune: Awakening story teased in new cinematic trailer
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

The King of Fighters 15 – Vice and Mature Announced for December 2024
The King of Fighters 15 – Vice and Mature Announced for December 2024
Uncategorized
Lego Hill Climb Adventures is a charming, simplified Trials
Lego Hill Climb Adventures is a charming, simplified Trials
Uncategorized
France National Assembly’s reelected speaker Braun-Pivet to cohabit with New Popular Front
France National Assembly’s reelected speaker Braun-Pivet to cohabit with New Popular Front
Uncategorized
DeFi Protocol Rho Markets Suffers .6 Million Loss Scare With Gray Hat Hackers
DeFi Protocol Rho Markets Suffers $7.6 Million Loss Scare With Gray Hat Hackers
Uncategorized
US Calls on Chinese Regime to End Its 25-Year Persecution of Falun Gong
US Calls on Chinese Regime to End Its 25-Year Persecution of Falun Gong
Uncategorized
The AI boom has an unlikely early winner: Wonky consultants
The AI boom has an unlikely early winner: Wonky consultants
Uncategorized

You Might Also Like

The King of Fighters 15 – Vice and Mature Announced for December 2024
Uncategorized

The King of Fighters 15 – Vice and Mature Announced for December 2024

July 20, 2024
Lego Hill Climb Adventures is a charming, simplified Trials
Uncategorized

Lego Hill Climb Adventures is a charming, simplified Trials

July 20, 2024
France National Assembly’s reelected speaker Braun-Pivet to cohabit with New Popular Front
Uncategorized

France National Assembly’s reelected speaker Braun-Pivet to cohabit with New Popular Front

July 20, 2024
DeFi Protocol Rho Markets Suffers .6 Million Loss Scare With Gray Hat Hackers
Uncategorized

DeFi Protocol Rho Markets Suffers $7.6 Million Loss Scare With Gray Hat Hackers

July 20, 2024

About Us

Welcome to TrendSnapNews, your go-to destination for the latest updates and insightful analysis on the world’s most pressing topics. At TrendSnapNews, we are committed to delivering accurate, timely, and engaging news that keeps you informed and empowered in an ever-changing world.

Legal Pages

  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service

Trending News

Helicopter carrying Iran's president apparently crashes in mountainous region

Helicopter carrying Iran's president apparently crashes in mountainous region

Para rowing – Paralympic power

Para rowing – Paralympic power

‘Portal’ installations in NYC, Dublin temporarily closed due to 'inappropriate behavior'

‘Portal’ installations in NYC, Dublin temporarily closed due to 'inappropriate behavior'

Helicopter carrying Iran's president apparently crashes in mountainous region
Helicopter carrying Iran's president apparently crashes in mountainous region
May 26, 2024
Para rowing – Paralympic power
Para rowing – Paralympic power
May 26, 2024
‘Portal’ installations in NYC, Dublin temporarily closed due to 'inappropriate behavior'
‘Portal’ installations in NYC, Dublin temporarily closed due to 'inappropriate behavior'
May 26, 2024
Stunning meteor lights up the sky over Europe
Stunning meteor lights up the sky over Europe
May 26, 2024
© 2024 All Rights Reserved |Powered By TrendSnapNews
trendsnapnews
Welcome Back!

Sign in to your account

Lost your password?