world-economy

French Business Leaders Sound Tariff Alarm Ahead of G7 Summit

France's leading business confederation raised concerns about new tariffs Monday as executives gathered in Evian ahead of the G7 summit. MEDEF officials warned that tariff regimes threaten supply chains and competitiveness across key sectors. This intervention reflects mounting anxiety within European corporate leadership over protectionist measures, particularly those affecting cross-Atlantic commerce. European manufacturers, especially in the automotive sector, have already felt pressure from elevated trade costs. Industry participants report that premium export volumes have contracted, while simultaneously facing intensified competition from imports. The combination of tariff pressures and shifting trade patterns is forcing manufacturers and logistics operators to recalibrate operations.