Facing this order and this new situation this year, France holds the G7 presidency with a clear ambition to restore the G7 as a forum for frank dialogue among major economies and for collective and cooperative solutions. Trade wars, protectionist escalation, races towards overproduction will only produce losers. This is why addressing global economic imbalances is our key priority. And if we look at the situation, the current imbalances are due to some key phenomena and we all have to deliver our own agenda. (08:52–09:00)
CLAIM
Asserts that trade wars and protectionism lead to negative outcomes.
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.
