CLEAN : WTO inoperational due to lack of cooperation from US (Josep Borrell)

The video discusses the significance of global trade agreements, particularly between Europe and Asia, and highlights the challenges faced by the World Trade Organization due to lack of cooperation from the United States. It emphasizes the growing importance of Asian economies and the current backlash against globalization, noting that trade creates both winners and losers. The video calls for a better understanding of the impacts of globalization and the need to address the concerns of those negatively affected.

In what ways does the speaker suggest that trade can produce winners and losers?

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What does the speaker mean by a 'backlash of globalization'?

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