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Nicolas Baverez: “trade deficit, another record”

2023-02-24T05:21:13.864Z


CHRONICLE - The catastrophic situation of our foreign trade is Emmanuel Macron's most resounding failure.


It

is by the results of foreign trade that the power of a nation is measured.

The words of Bruno Le Maire were not debatable.

For him, this should be the priority of the second five-year term.

But his remarks date from September 2021. Our deficit already promised to be “historic”.

However, we did much worse in 2022:

"by far the largest drop since the year 2000,"

say Customs.

An additional deterioration of 78 billion euros in one year, to reach a total of 164 billion…

On October 13, François David, who will have spent his entire career in foreign trade, from the minister's office to the presidency of Coface, and David Lisnard, the LR mayor of Cannes and president of the mayors of France, published together a warning in

Le Figaro

.

They estimated, with the data then available, that our trade deficit would reach 100 billion euros in 2022 (it was 64 less than the final figure), and observed that it would be failure...

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Source: lefigaro

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