96634 - About global trade

N. Lygeros

• It’s important to avoid any confusion between a global trade war and a technique to change the data of the past in order to begin new negotiations.
• There is no comparison between key trade rivals and allies. So even if their approach seems to be the same, at the end everything is different.
• When you are prepared because you have the relevant experience, you don’t see any major blow to the world economy but a redeployment of trade.
• There is a need to change global trade in order to fix some bilateral problems but this new approach isn’t a crisis.
• When you want to avoid a new change, you speak about the crisis, but in reality, you don’t want to be disturbed in your comfort zone.
• A new strategy is needed in global trade and it has started now, no matter what countries say.