Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

France's Macron expects Trump to maintain close ties to Europe

Published 01/11/2017, 07:07 PM
Updated 01/11/2017, 07:10 PM
© Reuters. Macron candidate for the 2017 French presidential visits a qualification class for refugees of German railway operator Deutsche Bahn in Berlin

BERLIN (Reuters) - French presidential candidate Emmanuel Macron said he was sure the United States under President Donald Trump would maintain close ties with the European Union but said Europe would respond if Trump acted to weaken NATO.

Trump has called for better relations between the United States and Russia and during the presidential election campaign rattled U.S. allies, especially in eastern Europe, by saying he would consider a country's contributions to the NATO alliance before coming to their aid.

French opinion polls show Macron, who is running as an independent in the April-May presidential election in France, is gaining on the frontrunners, conservative candidate Francois Fillon and far-right leader Marine Le Pen.

"I want to at least give the new U.S. president a chance, but the signals from Trump up to now have been going in another direction. He doesn’t rule out the dismantling of NATO," Macron told Germany's Funke Mediengruppe newspaper chain in an interview published on Thursday.

"I'm convinced it's in America's interest to cooperate with the EU. We have common values and similarly structured economies. I doubt that Trump would defend U.S. interests without working with the EU or dealing with climate change," he said."

Asked about Trump's comments on NATO, Macron said: "We would react if it came to that (weakening of the alliance). But I am warning against developing premature scenarios," he said, without elaborating.

Trump's nominee for U.S. Secretary of State, Rex Tillerson, on Wednesday told his confirmation hearing that NATO's mutual defence guarantee, Article 5, was "inviolable".

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Macron also said he backed expanding sanctions against Russia if there were no progress in implementing the long-stalled Minsk peace accords for eastern Ukraine, where Kiev's forces have been battling pro-Russian separatists.

"I’m in favor of resolving the Ukraine conflict through the Minsk peace accords. If there is no progress, it would make sense to expand sanctions against Russia. At the same time, we also need continuing and demanding discussions with Moscow," he said.

Fillon and Le Pen both support closer ties between France and Russia and have indicated they would push for the sanctions to be dropped.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.