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#industrialstrategy

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Bytes Europe

As Trump arrives, Macron hints NATO spending target is too low – POLITICO byteseu.com/696424/ #DefenseBudgets #DonaldTrump #EmmanuelMacron #EUUSMilitaryTies #Europe #France #Germany #IndustrialStrategy #MarkRutte #NATO #Poland #Procurement #Russia #Subsidy #U.S.Politics #Ukraine #UnitedStates #WarInUkraine

Bytes Europe · As Trump arrives, Macron hints NATO spending target is too low – POLITICOBut Macron insisted that any defense spending increase by European countries should benefit the continent's industry, not American companies. “France defends and will continue to defend European preference” for arms procurement, he said, hammering France's well-known mantra of building up Europe's own military industrial complex. European champions To compete on the global stage, the French president said, Europeans will need to consolidate their defense industry and create continental champions — even if France doesn't win every time. “To succeed in this competition, we need to invest more, but we also need to simplify, integrate and agree to have European champions,' he
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