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New EU Plan Boosts Strategic Growth Sectors: Sejourne
Bloomberg
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1 day ago
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00:00
We think that the decarbonisation model and the Green Deal are a social and ecological
00:07
step forward, and deregulation is a step backward.
00:15
So we're trying to push to eliminate the red tape as much as possible, while maintaining
00:20
the objectives of the European model.
00:25
The tech sector, the big five, which were targeted by the Trump administration, the pharmaceutical
00:30
and auto sectors, steel and aluminium, these are strategic sectors that drive growth, have
00:37
a massive impact on European GDP and create jobs.
00:46
I have put in place a mechanism to call all the CEOs who were contacted by the Trump administration
00:52
and to reiterate the positive simplification and pro-business agenda of the EU Commission
00:57
in the coming months.
01:03
Now you have the plan, now there's a question of implementing the plan, and getting potentially
01:07
consensus among 27 EU member states, always a challenge.
01:11
There's also been an idea, and you've talked about this a little bit, of maybe going about
01:15
this piecemeal, saying, you know, a coalition of the willing, and then they could see they
01:18
unlock the benefits.
01:20
How are you sort of proposing to go about this?
01:22
What is going to be the most effective way to actually make this a reality?
01:25
We have to be very pragmatic.
01:32
I think that in the past, the European Commission has been dogmatic by needing all 27 member states
01:37
to agree before moving forward.
01:42
We are changing this approach, so we can work with coalitions of the willing.
01:47
This should also encourage others to join.
01:50
You just evoked there the idea of a potentially closure of the American markets to the Europeans,
01:54
something that you need to potentially prepare for.
01:56
What are the chances of that?
01:57
How realistic a possibility do you think that is?
01:59
For the past few weeks, there's been discussion on the perimeter, but not on details of the
02:08
tariffs.
02:09
I think the period that we're living in is unprecedented due to the uncertainty in markets and the
02:21
unpredictability of the Trump administration.
02:23
I hope that things will stabilize and that the Americans will remain simple and loyal partners
02:32
for the Europeans.
02:34
In all cases, it's what we are and what we consider to be.
02:59
Let's do it.
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