Even more so when they are used as leverage against territorial sovereignty and competition from China, where massive excess capacities are distortive. Practices threaten to overwhelm entire industrial and commercial sectors. Export control has become more dangerous. New tools destabilizing global trades and the international system. And the answer in order to fix this issue is more cooperation and building new approaches. And it's clearly building more economic sovereignty and strategic economy, especially for the Europeans, which is for me the core answer. (06:14–06:21)
CLAIM
Asserts that export control is more dangerous and new tools are destabilizing global trade.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
