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The Fox News Rundown

The G7 Summit Ends With Addressing COVID, Climate Change and China

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.41.7K Ratings

🗓️ 14 June 2021

⏱️ 33 minutes

🧾️ Download transcript

Summary

The G7 Summit concluded on Sunday with President Biden and the other Group of Seven leaders laying out their economic and international visions while making important decisions that will impact the rest of the world on issues pertaining to COVID-19, climate change and security. At the summit, President Biden encouraged presenting a united front against China and Russia when it comes to their human rights abuses and aggressive activities. Associate Editor at The Wall Street Journal John Bussey joins to discuss how the United States re-established itself as a formidable world force at the G7, how democracies came together at the summit to stand against the wrongdoings of China and Russia, how a global minimum corporate tax will impact the world economy and what President Biden will likely bring up in his upcoming one-on-one meeting with Russian President Vladimir Putin. In February, President Biden signed an executive order calling for a 100-day review on U.S. supply chains. After completing the review, the Biden administration announced last week it was forming a task force to address the bottlenecks in supply chains. Throughout his presidential campaign and first 100 days, the President has talked about bringing supply chains and manufacturing back to the U.S. from overseas, but is it really possible? Bob Maricich, CEO of International Market Center explains why he is optimistic manufacturing will return to the U.S. and Michael Amini, President of Amini Innovation Corporation whose furniture and home goods are made mostly in China and Vietnam tells us why he thinks manufacturing in the U.S. is gone for good. Plus, commentary by FOX News Correspondent At Large, Geraldo Rivera. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:30.2

I'm Brett Bear.

0:30.9

I'm Maria Bartiromo.

0:32.0

I'm Brian Kilmeade, this is the Fox News rundown.

0:35.8

Monday, June 14th, 2021. I'm Alex Hogan. The gathering of world leaders in some of the seven richest

0:45.5

countries and the challenges they face a recap of the G7 summit the important thing

0:50.9

here is to kind of see stepping back.

0:53.6

You're seeing democracies cooperate now

0:56.8

against the intrusion of authoritarian regimes.

1:00.0

I'm Jessica Rosenthal.

1:02.0

The Biden administration says it's putting a premium on made in America so we can buy American and as part of that bringing supply chains back home in one industry something it's already happening

1:12.1

I think the incentives is lead time and staying close to the customer.

1:16.3

But others are skeptical.

1:17.5

I really don't believe manufacturing is coming back to US, especially furniture section.

...

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