France manufacturing lay-offs: Tyre-maker Michelin to shut two factories
French tyre-maker Michelin says it plans to close two factories in France. It blames declining demand and overseas competition. European manufacturing continues to be in decline despite the bloc’s efforts to support it and the threat of future US tariffs on EU exports could make the situation worse. Al Jazeera’s Natacha Butler reports from Cholet, western France. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #France #Michelin #MichelinLayoffs #FrenchTyreIndustry #JobLosses #EconomicChallenges #GlobalCompetition #JobSecurityConcerns #FactoryClosures #MichelinStrike #JobLosses #EUManufacturing #EuropeanCarMarket #EU #EuropeanUnion #AlJazeeraEnglish