French Trade Minister Believes in Multilateral Deals

The video discusses the shift from multilateral to bilateral trade deals, highlighting the EU's commitment to multilateralism despite global challenges like Brexit and the US administration's policies. It emphasizes the importance of the EU as a global power and the need for fair trade agreements. The EU's recent trade agreement with Canada is praised for its fairness and transparency. However, negotiations with the US face challenges due to a lack of reciprocity and political support.

What is the main difference between the US and Europe's approach to trade deals?

• The US prefers multilateral deals, while Europe prefers bilateral deals.

• Both the US and Europe support multilateralism.

• Both the US and Europe prefer bilateral deals.

• The US prefers bilateral deals, while Europe supports multilateralism.

Why is it important for the European Union to become a global economic power?

• To dominate the global market.

• To better assess and defend its interests and values on the global stage.

• To compete with the US in trade deals.

• To isolate itself from other countries.

What was a significant outcome of the trade agreement with Canada?

• It was rejected by the European Parliament.

• It favored only Canadian companies.

• It provided good access to the Canadian market for European companies.

• It ignored agricultural interests.

What is a key issue in the trade negotiations with the US?

• The US is too lenient in negotiations.

• The US supports multilateralism too strongly.

• The US imposes its laws globally without reciprocity.

• The US offers too many concessions.

Why did France and other European countries withdraw support for certain negotiations?

• They wanted to focus on bilateral deals.

• There was no political support for the negotiations.

• They preferred to negotiate with Asian countries.

• They had already reached an agreement with the US.