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    Home»Politics

    Richard Grennell Suggests to Trump Scrapping $5 Billion US Loan for France’s TotalEnergies African LNG Project, After Macron Calls for End of European Investment in America | The Gateway Pundit

    Team_NewsStudyBy Team_NewsStudyApril 4, 2025 Politics No Comments3 Mins Read
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    Credit score: Gage Skidmore/Flickr

    On the one hand, Individuals will not be placing up with bravados just like the one by French President Emmanuel Macron, who referred to as for a freeze on European funding on the US as a response for the tariffs that Donald J. Trump slapped on the European Union.

    On the opposite, some authorities businesses are nonetheless working on a non-America First line, and US-taxpayers’ cash continues to be wasted on individuals who hate America.

    Daniel Turner, the Founder & Government Director of the non-profit Energy The Future, rightfully indignant with this case, wrote on X:

    “French President Macron desires European firms to finish all American investments. Two can play this sport, Emmanuel. President @realDonaldTrump ought to instantly cancel the $5 billion U.S. mortgage for France’s TotalEnergies African LNG mission.”

    French President Macron desires European firms to finish all American investments.

    Two can play this sport, Emmanuel.

    President @realDonaldTrump ought to instantly cancel the $5 billion U.S. mortgage for France’s TotalEnergies African LNG mission. pic.twitter.com/HYoTPFALe0

    — Daniel Turner (@DanielTurnerPTF) April 4, 2025

    As a proof of simply how essential social media communications have change into, longtime international coverage adviser and present Envoy for Particular Missions Richard Grenell picked up on the put up and despatched it to Trump:

    I simply despatched this to DJT.

    Good thought! https://t.co/0hFudrbio8

    — Richard Grenell (@RichardGrenell) April 4, 2025

    In a report from mid-March, we see that the US Export-Import Financial institution’s choice to bankroll was already being closely criticized as detrimental to the American LNG trade.

    Washington Free Beacon reported:

    “A federal company quietly authorised a $5 billion mortgage on Thursday to fund a liquefied pure fuel facility in Mozambique owned by TotalEnergies, a French firm that has a historical past of working with international adversaries, together with Iran, Russia, and China.

    The U.S. Export-Import Financial institution’s choice to finance TotalEnergies’ LNG mission is dealing with backlash from conservatives cautious of international assist spending, in addition to the U.S. LNG trade, which says the power will compete with American companies. Critics observe {that a} long-awaited Alaska LNG pipeline proposal, which President Trump touted in his tackle to Congress this month, would face direct competitors from the TotalEnergies facility.

    […] Rick Perry, Trump’s former vitality secretary, instructed the Washington Free Beacon that the TotalEnergies Mozambique mission ‘immediately competes with the U.S. LNG trade, at a time when the President is seeking to develop it’.

    ‘President Trump and his cupboard have been very clear that this administration will restore American vitality dominance and defend the U.S. vitality trade and the thousands and thousands of folks that assist it’, stated Perry. ‘The proposal for ExIm financial institution to ship $5 billion in taxpayer {dollars} to fund a international owned mission in Africa contradicts this precedence’.”

    For context, this is likely one of the largest loans @EximBankUS has ever executed.

    And it was quietly authorised final month, below Donald Trump, however earlier than his nominee has been confirmed and within the job.

    This should be stopped. https://t.co/PkBIn50s5t

    — Richard Grenell (@RichardGrenell) April 4, 2025

    America First is greater than a slogan; it’s the guideline of the revolutionary Donald J. Trump’s administration – and thousands and thousands of patriotic Individuals are paying shut consideration to all its implications.

    Learn extra:

    Macron Urges French and European Companies To Freeze Investment in the US Over New 20% Tariffs Imposed by Trump on EU Imports





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