Protectionism is a form of economic ... Protectionist practices include providing subsidies or imposing tariffs or quotas. A trade deficit occurs when a country imports more goods than it exports.

In their Country Economic Memorandum 2022, the World Bank spoke in length about this issue.  Bangladesh provides a high level of protection to local industries through high tariffs and complex and not ...

The Office of the United States Trade Representative released a report highlighting foreign trade barriers that could ...

The European Union has reintroduced export subsidies for dairy produce, arguing that the economic downturn has put many European farms at risk. The maximum refund for butter has been set at 500 ...

WASHINGTON -US President Donald Trump’s administration released an encyclopaedic list of foreign countries’ policies and regulations it regards as trade barriers on March 31, two days before ...

In the United States, tariffs tanked demand for America’s most important manufacturing and agricultural exports. The world abandoned global agreements and retreated into an era of protectionism ...

White House trade adviser Peter Navarro has frequently complained that value-added taxes collected by European Union countries act as an additional tariff and an export subsidy when refunded for ...

Chinese official Wang Liping said "unilateralism and protectionism are spreading", and the three ... as both are highly dependent on exports to America. Ahn said that because 50 percent of South Korea ...

RS Sodhi, president of the Indian Dairy Association, notes that the US provides around $30 billion in subsidies to its agricultural ... In 2023, US exports of consumer-oriented ready-to-use ...

Some countries are promising swift countermeasures; others are asking for an opportunity to negotiate with the U.S. to avoid ...

VATs are applied to sales within the EU but not on exports for good reason. Read Full Article » Related Topics: Scott Sumner , VAT , tariffs , export subsidies ...