The Wall Street Journal - 13.03.2020

(C. Jardin) #1

THE WALL STREET JOURNAL. Friday, March 13, 2020 |A


PARIS—French President
Emmanuel Macron delivered a
national address that called
for international cooperation
in the fight against the new
coronavirus.
Speaking on national televi-
sion Thursday, Mr. Macron
cast France’s struggle to slow
the rate of infections as an ef-
fort that would require collec-
tive national action.
He announced a nationwide
shutdown of the school system
starting Monday and urged
people over the age of 70 and


anyone with chronic diseases
or respiratory ailments to re-
main at home.
“We are only at the begin-
ning of the epidemic. Every-
where in Europe it is acceler-
ating,” Mr. Macron said.
However Mr. Macron also
portrayed the coronavirus as a
challenge in need of a global
solution, just one day after
President Trump described it
as a foreign virus that had ar-
rived on U.S. shores.
“This virus doesn’t have a
passport,” Mr. Macron said,
adding that he planned to speak
to Mr. Trump on Friday. “Being
divided won’t allow us to re-
spond to what’s a global crisis.”
Mr. Macron said he might
need to limit travel to areas in
France that are severely affected
by the virus. Any decision to
close national borders, Mr. Ma-
cron said, will occur “only when
relevant” and will be coordi-
nated “at the European level.”


BYNOEMIEBISSERBE
ANDSTACYMEICHTRY


Macron


Calls for


Global


Response


“This virus
doesn’t have a
passport,”
French
President
Emmanuel
Macron said.

The Italian economy ab-
sorbed another blow on Thurs-
day as the government imple-
mented even-stricter measures
to stem the spread of the coro-
navirus in what is the worst

outbreak outside China.
The escalation of Italy’s dras-
tic restrictions is the most radi-
cal measure any country has ap-
plied to its entire national
territory to fight the epidemic.

Economists say the only ques-
tion about Italy’s economic con-
traction is how bad it will be.
Small and midsize businesses
are at particular risk. Such busi-
nesses are the backbone of the
economy in Italy, where about
95% of companies have fewer
than 10 employees.
With daily life in Italy under
increasing restrictions over the
past two weeks, most retail
stores have seen their business
dry up. Italy’s government has
earmarked up to €25 billion
($27.9 billion) to help the ailing
economy. Finance Minister Ro-

berto Gualtieri said the money
would be spent on measures
such as postponing tax pay-
ments and liquidity for compa-
nies that are struggling to pay
suppliers and employees.
“Now all we can do is wait
anxiously” for the government
to implement the measures, said
Stefano Papandrea, 44 years old,
who owns a vintage clothing and
accessory shop in Italy’s north-
eastern Veneto region. “Luckily
we don’t have employees.”
He and his partner, who also
owns and runs the shop with
him, had decided to close for a

while, even before the govern-
ment’s announcement Wednes-
day night. Sales last week were
down 70% from normal levels,
even before Italy instituted a na-
tionwide quarantine that obliges
people to stay home if possible.
Mr. Papandrea wasn’t alone.
Small independent stores and
large chains—including Benet-
ton, sporting goods giant De-
cathlon and Burger King—had
also said they were shutting
their stores in Italy.
All restaurants, bars and
most retail stores are closed
until March 25. A series of

other restrictions, including
strict limits on when people
can leave their homes, are due
to run until April 3.
Food stores and pharmacies
remain open, as do newsstands
and tobacco shops.
While retail is taking a par-
ticularly hard hit, the negative
effects of the virus are reaching
into all aspects of the Italian
economy. Factories can con-
tinue to operate under certain
conditions, and farmers and
food producers can also con-
tinue their businesses, but con-
ditions are deteriorating.

Italy’s Tighter Curbs Fan Its Economic Woes


ByEric Sylvers
in Milan andGiovanni
Legoranoin Rome

on Mr. Trump’s comments.
German Foreign Minister
Heiko Maas said: “I believe we
are dealing with a global issue
and a global challenge. We
don’t do it justice, including in
the U.S., by taking decisions
that are garnished with blame.”
The coronavirus crisis “re-
quires cooperation rather than
unilateral action,“ European
Commission President Ursula
von der Leyen and European
Council President Charles
Michel said in a statement.
“The European Union disap-
proves of the fact that the U.S.
decision to improve a travel
ban was taken unilaterally and
without consultation.”
A spokesman for the Euro-
pean Commission, the EU’s ex-
ecutive, said officials were still
seeking to understand the
scope and consequences of the
U.S. decision. Eric Mamer, the
chief spokesman said there
were no immediate plans for
any retaliatory steps but
didn’t rule that out.
Mr. Trump repeatedly has
accused the EU and European
countries of taking advantage
of the U.S. on defense and
trade. European nations have
pledged significant defense
spending increases. On trade,
the two sides recently hoped to
reach agreement later this
month to avert fresh U.S. tariffs
on EU products, though that
target date now looks doubtful.

grounds.
EU leaders and officials
said imposing the travel ban
without consultation is partic-
ularly counterproductive be-
cause governments need to
work together to stem the
spread of the new coronavirus.
Mr. Trump’s decision ran-
kled further because he said
the EU failed to restrict travel
from China and contain the vi-
rus, which, he said, then
seeded outbreaks in the U.S.
The EU wouldn’t comment

placing of tariffs on European
steel and aluminum, which Mr.
Trump justified on national-
security grounds, stunned EU
leaders, who note that Europe
contributes to U.S. security by
participating in the North At-
lantic Treaty Organization and
other alliances.
Mr. Trump has jangled Eu-
ropean nerves by criticizing
those contributions as insuffi-
cient and by threatening to
impose tariffs on European
cars, also on national-security

most non-U.S. citizens who
have traveled through 26 Eu-
ropean countries—comes on
top of other U.S. decisions
made unilaterally under Mr.
Trump that have dismayed Eu-
ropean leaders.
Some decisions, including
the U.S. withdrawal from the
Paris climate accord and the
multinational Iran nuclear
deal, followed pledges Mr.
Trump made during his 2016
run for president.
Other decisions, such as his

President Trump’s announced
travel ban on Europe, beyond
surprising European capitals,
deepens tensions among trans-
Atlantic allies whose ties already
are strained over trade, security,
climate change and what Euro-
peans say is the U.S. failure to
consult them.
European governments
complained that the announce-
ment, made early Thursday Eu-
rope time, came without notice
and coordination on what is a
global health problem. More-
over, the U.S. ban, European
Union leaders said, directly af-
fects European citizens, bar-
ring many of them from travel
to the U.S., and disregards the
EU’s “strong action” to contain
the new coronavirus.
Mr. Trump defended the
ban and the timing, saying the
situation demanded fast action
so not all European leaders
could be notified.
“We had to make a decision
and I didn’t want to take time,
and, you know, it takes a lot of
time to make the individual
calls, and we are calling, and
we have spoken to some of
them prior to....But we had to
move quickly,” Mr. Trump told
reporters in the Oval Office as
he met with the prime minis-
ter of Ireland, whose citizens
aren’t affected by the ban.
The ban—which covers

BYLAURENCENORMAN

Travel Ban Fuels Tensions With Europe


Governments said the U.S. announcement came without notice. Above, Paris-Charles de Gaulle Airport.

BERTRAND GUAY/AGENCE FRANCE-PRESSE/GETTY IMAGES

THE CORONAVIRUS PANDEMIC


NY
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