France

France to Push for Safeguards Against Chinese Steel Imports Following ArcelorMittal Layoffs

France and other European countries will advocate for protection to shield the European steel industry against Chinese imports, French government spokesperson Sophie Primas said on Thursday. The statement came in response to steel giant ArcelorMittal’s decision to cut approximately 600 jobs across seven facilities in France, citing the ongoing struggles within Europe’s steel sector. “We […]

LVMH Eyes U.S. Expansion

LVMH CEO Bernard Arnault has sparked debate over France’s business climate by suggesting the luxury conglomerate may expand production in the United States. “When you return to France and see that we are about to increase taxes by 40 per cent for companies that manufacture here, it is incredible. It is the ideal way to […]