PARIS – French President Emmanuel Macron pours cold water on the idea of implementing protected measures on technologies such as Huawei.
In CNBC's Karen Tso inquiry on Thursday about US pressure on China's telecommunications giant, he said: "We have some restrictions but are very focused on what is relevant to this national security, not etc. "
" There is no more protectionism in a big global tech (firms) because we need them to fertilize our ecosystem, we want to be stronger and stronger and create the highest jobs. "
However, he added:" Certainly there are some restrictions with restrictions, not focused on Huawei, but to maintain our national security and our sovereignty for critical reasons. "
The US has on loggerheads in China in a tremendous trading battle that has devastated the world of tech. President Donald Trump, claiming that the country's trade practices are unfair, Wednesday declares national emergency threats to US technology, adding Huawei to a list of companies making it harder to conduct business to US companies.
Meanwhile, France looks to invade tech giants like Facebook, Google and Amazon in their taxing practices, proposing a 3% drop in local earnings of such firms.