France is calling for a major reworking of European regulations, starting with ESG rules, as the bloc struggles to revive its competitiveness against a backdrop of sweeping deregulation across the Atlantic driven by US President Donald Trump.

France is pushing to cut red tape at European Union level, calling for a "massive pause" in new EU regulations, a delay in rules requiring companies to report on their environmental footprint, and changes to even freshly passed laws.

France is advocating for a significant revision of European regulations, particularly those related to Environmental, Social, and Governance (ESG) rules. This comes as Europe grapples with its competitiveness amid extensive deregulation in the United States,