Pointing to another threat to the competitiveness of European industry, which has already been hit hard by the energy crisis, a French media report notes that more and more manufacturing companies have decided to withdraw investments from Europe in order to develop business in the United States.

According to the report published by the newspaper "Le Figaro", the reason for these decisions is due to the law on inflation reduction, according to which manufacturers using environmentally friendly technologies and operating in the United States receive generous government subsidies.

In addition, with energy prices in the United States three to four times lower than in Europe, America has become more attractive for companies than ever before.

The article concluded that this poses a new danger wave of mass deindustrialization in Europe in favor of the United States, especially since the law on reducing inflation has been added to the law on chips that support the microprocessor industry in the United States.

Western countries are facing rising energy prices and high inflation due to sanctions against Moscow and the policy of abandoning Russian fuel.

Against the background of rising fuel prices, especially gas, the industry in Europe has largely lost its competitive advantages.

Russian President Vladimir Putin has repeatedly stressed that the restrictive measures dealt a serious blow to the entire world economy. According to him, the main goal of the West is the deterioration of the lives of millions of people.