Macron's visit represents a "huge step" in averting a trade war with the United States, according to Le Maire.

The talks between French President Emmanuel Macron and US President Joe Biden this week in Washington were a "watershed moment" that might prevent a trade war between the two countries, France's Finance Minister Bruno Le Maire said on Friday.

The potential negative impact on the European economy of Biden's U.S. Inflation Reduction Act (IRA), which will provide $369 billion in subsidies and tax breaks to U.S.-based c....