During the meeting in Paris on Saturday (8), which marked the 80th anniversary of D-Day, United States President Joe Biden and French President Emmanuel Macron discussed strategies to strengthen the European and American economies in the face of Chinese imports. . They also expressed support for the Brazilian proposal to tax the super-rich, presented at the G20.
They also expressed support for the Brazilian proposal to tax the super-rich, presented at the G20.
The leaders issued a joint statement, highlighting the Brazilian initiative as an important step towards “progressive and fair taxation for individuals”, as reported by Newspaper. The discussion on taxation has been led by Brazil’s Finance Minister, Fernando Haddad.
Additionally, Biden and Macron addressed relations with China, with Macron telling journalists that both countries share concerns about “China’s potentially unfair practices.”
During the conversation, Biden mentioned previous discussions with Chinese President Xi Jinping about tariffs imposed by the US on Chinese electric vehicles, defending import duties.
The visit also covered Biden’s Reducing Inflation Act, which aims to make the U.S. clean energy sector more competitive.
The law, which includes billions in subsidies, has been a cause for concern for European leaders, including Macron, because of the potential disadvantage it could create for European companies.
Source: https://www.ocafezinho.com/2024/06/10/biden-e-macron-unem-forcas-em-politica-anti-china-e-apoiam-taxacao-de-super-ricos/