Key Points Nicolas Dufourcq, the head of France’s state investment bank Bpifrance, warned that Europe is becoming “doubly colonized” by Chinese industry and U.S. tech. “It’s not in the future; the consequences are now,” he warned an audience at private capital conference IPEM. Bpifrance manages assets worth around 100 billion euros ($117 billion). The head of France’s state investment bank …
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The bombshell missive landed just days after Trump and Brussels issued a statement to formalize their tariff truce, provisionally established at Turnberry in Scotland in late July. “As the President of the United States, I will stand up to Countries that attack our incredible American Tech Companies, ” Trump said. “America, and American Technology Companies, are neither the ‘piggy bank’ …
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