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However, this cycle of protectionism and economic isolation only served to exacerbate the global economic challenges — much as it had in the 1930s. In this context, President Trump’s trade war ...
Kristalina Georgieva, the managing director of the International Monetary Fund, warned in a speech that protectionism erodes ...
The answer lies in two old economic ideas: protectionism and mercantilism. Protectionism advocates putting up trade barriers to shield local industries from outside competition. Mercantilism ...
The Chinese President is on a two-day visit to Vietnam as he seeks allies amid the trade war against Washington.
Another gem from Thomas Sowell.
The region’s failed experiment with import substitution industrialization (ISI) offers a stark warning: embracing it may ...
President Xi Jinping, during his Southeast Asia tour, cautioned against protectionism, emphasizing that trade wars benefit no one. His visit to Vietnam, Cambodia, and Malaysia aims to strengthen ...
Chinese President Xi Jinping (習近平) yesterday said that protectionism “leads nowhere” and that a trade war would have “no winners,” state media reported, as he arrived in Vietnam on the first leg of a ...
hinese leader Xi Jinping warned Monday that protectionism "leads nowhere" and ... The two countries have close economic ties, but Hanoi shares US concerns about Beijing's increasing assertiveness ...
Tariffs have inevitably fueled widespread public dissatisfaction because protectionism ultimately ... US tariff levies would trigger a dangerous economic spiral, significantly driving up living ...
Chinese leader Xi Jinping warned that protectionism "leads nowhere" and ... The two countries have close economic ties, but Hanoi shares U.S. concerns about Beijing's increasing assertiveness ...
Opinion
The Pioneer on MSN6dOpinion
How protectionism fuels economic collapse
From ancient Rome to modern America, the impulse to wall off economies in times of crisis has proven consistently disastrous. Whether through tariff wars, currency debasement, or autarkic fantasies, e ...