As a way to introduce the first, let me give you the quote from Merrill Lynch economist David Rosenberg about the rising threat of
global trade protectionism:
As a way to introduce the first, let me give you the quote from Merrill Lynch economist David Rosenberg about the rising threat of
global trade protectionism: «The Financial Times weighs in on the rising threat of
global trade protectionism in today's Lex Column on page 14 («Economic Patriotism»).
Not exact matches
«The other problem is a lack of investment demand, which is surprising given the headwinds to
global trade from
protectionism» amid
global trade tensions.
«At the same time, there are clear downside risks: political uncertainty, including in Europe; the sword of
protectionism hanging over
global trade; and tighter
global financial conditions that could trigger disruptive capital outflows from emerging and developing economies,» the former French finance minister said.
With Trump's Nov. 8 election victory and his campaign promise to tear up international
trade deals threatening to shatter a fragile
global recovery, Singapore «s open economy remains among some of the most vulnerable markets to U.S.
protectionism.
Though talk of an all - out
global trade war has dampened, some analysts still believe that
protectionism is a cause for concern — especially when it comes to tech.
First, Canada's Prime Minister Justin Trudeau spoke at Fortune's
Global Forum where he continued to emphasize that openness and free
trade can combat the rising tide of
protectionism.
«The other problem is a lack of investment demand, which is surprising given the headwinds to
global trade from
protectionism.
Businesses are worried about
protectionism,
global trade, what happens when the U.S. seems to be moving in this more populist direction.
In addition, a shift toward
protectionism in advanced economies could reduce
global growth and
trade, impede capital flows, and dampen market sentiment.
A tit - for - tat
trade war could evolve into a full - blown one that hurts everyone, and would be a slap in the face of the
global statesmanship, and commitment to globalization Xi has tried hard to display, most notably with his speech at the original Davos last year, where he presented himself as a counter to the newly - elected Trump's
protectionism.
A
trade war triggered by safeguard tariffs would open a new wound in the
global trading system, because it would unravel almost a quarter of a century of discipline and dethrone the WTO as the arbiter of
global trade and a check on
protectionism.
Phil Levy, a
trade expert at the Chicago Council on
Global Affairs and former Bush administration economist, told CNN Money that the Commerce Department's steel and aluminum tariffs are «raw
protectionism in search of an excuse» and that the national security excuse is a sort of Pandora's Box on
trade protectionism.
And amid the debate over how far the government should go to protect certain industries in the era of
global competition and technological change, some
trade and industry experts are questioning whether the administration is simply using national security as an excuse for economic
protectionism.
Though a few nations did retaliate against a few selected products, Smoot - Hawley played only a modest role in the
global movements back and forth between
protectionism and free
trade.
The 1980s African debt crisis was created by a variety of factors (much more complex than the commonly attributed «poor African leadership» theory), including irresponsible over-lending by private creditors seeking high returns, the tendency towards one product commodity economies, the targeting of developing countries for high interest loans, the
global monetary shock of 1979 - 81,
trade protectionism in Northern countries, the depreciation of the US dollar, the prolonged drought of 1981 - 84, among other factors (see African Debt Revisited).
European leaders must «wake up» to the costs of
protectionism and realise that free
trade is vital for the
global economy, Gordon Brown has said.
But what made it a depression was its
global contagion, and then the breakdown of
trade and the retreat into
protectionism.
The free world might even, heaven forbid, reverse the current, rather unthinking, trend towards
global free
trade and institute a system of climate - based
protectionism, to give force to our requirements that the entire globe reduce emissions.