A Trade War On the World’s Poorest
New obstacles to free trade not only make the world less secure. Protectionism also undermines the best opportunity to transform the lives of billions of the world’s poorest people and realize benefits worth trillions of dollars every year.
PRAGUE – US President Donald Trump’s steel tariffs have brought the prospect of a trade war closer to reality. The European Union warns that it has “a whole arsenal at our disposal with which to respond,” while China threatens “a justified and necessary response.”