Calling the protectionists' bluff

Though new trade deals can spark controversy, it is highly unlikely that protectionism will prevail

Daniel Gros 

Daniel Gros Most reports about globalisation in recent years have focused on its problems, such as declining levels of trade and the abandonment of “mega-regional” trade agreements. Indeed, US President Donald Trump has now terminated the Trans-Pacific Partnership (TPP) — a trade deal among a dozen Pacific-rim countries, including the US and Japan; and negotiations on the Transatlantic Trade and Investment Partnership (TTIP) between the US and the European Union have come to a halt. But headlines can be misleading. Although new trade deals can spark controversy, it is highly unlikely ...

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Calling the protectionists' bluff

Though new trade deals can spark controversy, it is highly unlikely that protectionism will prevail

Though new trade deals can spark controversy, it is highly unlikely that protectionism will prevail Most reports about globalisation in recent years have focused on its problems, such as declining levels of trade and the abandonment of “mega-regional” trade agreements. Indeed, US President Donald Trump has now terminated the Trans-Pacific Partnership (TPP) — a trade deal among a dozen Pacific-rim countries, including the US and Japan; and negotiations on the Transatlantic Trade and Investment Partnership (TTIP) between the US and the European Union have come to a halt. But headlines can be misleading. Although new trade deals can spark controversy, it is highly unlikely ... image
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