Losers In A Global Trade War

 

In the four months since G20 leaders promised to try to close a deal on global trade and foreswore new trade barriers, the star-crossed Doha trade talks have collapsed and all but three of the 20 countries have implemented trade-distorting measures, according to the World Bank. G20 leaders should use their London meeting to stop the unraveling of the trading system that has spread prosperity, has lifted millions out of poverty, and is essential to economic recovery.

 

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