One of the great threats to the American and global economies is trade protectionism.
America is no shrinking violet when it comes to trade protectionism, including huge sums for its farmers.
Moreover, it casts light on a growing trend that opaquely mixes health, safety, and environmental regulations with trade protectionism.
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Friedman lived to see such a setback in the U.S. elections this month, as a party and candidates espousing trade protectionism and bigger government prevailed.
Finally, the creep of trade protectionism is anathema to pro-growth policies.
Is anti-trade protectionism a threat to the U.S. and global economies?
In a final summit statement, the three leaders promised to forge a joint position on climate change and also reaffirmed the need to reject trade protectionism.
"We should avoid any excuse that might lead to the revitalization of trade protectionism, " said Su Ning of the People's Bank of China, the country's central bank.
Trade protectionism asks California to subsidize Ohio and South Carolina.
Disease scares still provide an appealing cover for trade protectionism.
As prime minister of the presidency holding nation, David Cameron has said he wants to focus on combating trade protectionism, cracking down on tax havens and promoting greater government transparency.
They must kick-start global trade and resist protectionism, he said, and lastly, they must make sure that economic recovery is low-carbon and sustainable so as to protect the environment.
The lack of American leadership on trade could encourage creeping protectionism around the world.
And we agreed to keep working to reduce trade barriers and resist protectionism.
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Mr Blustein uses his account of the tribulations of the Doha round to argue that the prospect of a retreat from multilateralism in trade in favour of protectionism (or even haphazard bilateral deal-making) is something that should bother people who care about poverty and development.
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Protectionism is inefficient, subject to public choice problems, and likely to lead to our trade partners to engage in retaliatory protectionism.
You may think the answer is protectionism to stop the trade from happening in the first place, but the deadweight losses are likely to be even larger for protectionism than for transfers.
Given the extraordinary share of foreign trade in its overall economy (as high as up to 65 percent of its gross domestic product), China has become a champion of free trade and strong opponent to protectionism.
But based on all the speeches and media interviews I do, which periodically venture into other areas, I suspect protectionism vs. free trade is the biggest challenge.
There will also be a lot of pious palaver about the need for more cooperation, better international regulation and new initiatives to fight protectionism and promote free trade.
The latest report is from a group of trade experts set up by the governments of the UK, Germany, Indonesia and Turkey to consider actions needed to combat protectionism and boost global trade.
Such naked protectionism may violate international trade rules.
We've seen the benefits of free trade and lived through the disasters of protectionism.
Great Britain favored free trade when the US favored soft-protectionism and the US clearly outpaced Britain from 1850-1950.
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Today, the cause of free trade--notwithstanding occasional bouts of protectionism--is gaining ground worldwide.
They did not live in a world, like the modern world, during which protectionism in the form of trade bans were common and effective.
This first ruling is a potential thunderbolt that could ignite a damaging trade dispute between America and Europe at a time when both economies need to present a united front on trade, to prevent a slide towards protectionism.
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