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Friday, January 13, 2017

Economic security

Le Pen follows Trump’s lead with vow to bring car industry back to France


Far-right French presidential candidate Marine Le Pen said on Tuesday she would seek to repatriate production of French motor vehicles and other industrial goods - just as President-elect Donald Trump hopes to do in the United States.
Trump has threatened to slap tariffs on cars made abroad, saying the practice costs American jobs. He has praised Ford Motor Co's decision last week to scrap a plan to build a plant in Mexico, and Fiat Chrysler Automobiles' confirmation of plans to create 2,000 jobs at its U.S. factories.
Asked whether she would like to see the same thing happen with French manufacturers Renault and PSA Peugeot Citroen, the National Front (FN) leader said: "He (Trump) is putting in place measures I have been demanding for years."
Speaking on France 2 Television, she described the policy as "economic patriotism, (and) intelligent protectionism."

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