The Global Economy’s Real Enemy is Geopolitics, Not Protectionism
What some decry as protectionism and mercantilism is really a rebalancing toward addressing important national issues. The biggest risk to the global economy stems not from this broader reorientation – which should be welcomed – but from a Sino-American rivalry that threatens to drag everyone down.
CAMBRIDGE – “The era of free trade seems to be over. How will the world economy fare under protectionism?”