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“Foreign trade deficit: the truth in the figures”

2024-02-07T19:43:49.026Z

Highlights: France's trade deficit with the rest of the world is at an all-time high. But the country is losing ground to other countries in the world market. France's economy is still in the doldrums, but it is making progress in the fight against climate change. The country's economic recovery is being hampered by a lack of foreign investment in the country's key industries, such as textiles and car manufacturing. The French economy is also struggling to compete with other countries' economies in the global market.


THE FIGARO EDITORIAL - The cruelty of the figures invites modesty. The reindustrialization that we hear so much about remains largely virtual.


Can Emmanuel Macron seriously claim to have achieved the economic rearmament of France?

With a trade deficit of 100 billion euros last year, it inexorably continues its slide among the great powers.

This statistic, which will only excite specialists, is the true thermometer of the state of health of a country.

It measures both its dependence on the outside world - therefore its degree of sovereignty - and its capacity to sell its goods and services abroad - therefore its competitiveness.

What she tells us is clear: if we put aside the ups and downs in energy prices, the situation is far from improving.

Not only has our foreign trade been continuously in the red for more than twenty years, but we are losing ground each year compared to our competitors.

The cruelty of the figures invites modesty.

The reindustrialization that we hear so much about remains largely virtual.

Interrupt the hemorrhage of…

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Source: lefigaro

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