Lawrence Summers Says Best Trade Deals are 'Win-Win'

The transcript discusses the expectations and challenges surrounding a summit on global trade. It highlights hopes for mutual recognition of trade benefits, the importance of win-win deals, and Chancellor Merkel's cautious optimism. The negotiation process is expected to be tough, with a need to balance US national interests and global concerns. The Trump administration's past decisions, like withdrawing from the Paris Agreement, have put it on the backfoot, making this summit a crucial moment for signaling a commitment to global cooperation.

How does the speaker feel about the potential outcomes of the summit?

What signals does the speaker believe the Trump administration needs to send?