Protectionism
Coverage of Protectionism in the Nexus archive.
- The US has failed to understand China
The article discusses the evolving US-China contest for global primacy, highlighting the US's failure to understand China's role in the global economy. It notes Western protectionism and potential global fragmentation, referencing Kishore Mahbubani's book which underscores structural tensions and misunderstandings between the two nations.
- Lula criticizes the resurgence of protectionism and unilateralism at the G7 summit
Brazilian President Luiz Inácio Lula da Silva criticized the resurgence of protectionism and unilateralism at the G7 summit in Évian, France, stating these practices worsen inequalities between rich and developing countries. He referenced Donald Trump's government in his address.
- China ‘overcapacity’ is a smokescreen for Western protectionism
Western policymakers in Washington and Brussels claim China's overproduction in steel, electric vehicles, and green technology is flooding markets, but the article argues this is a smokescreen for Western protectionism and double standards. Economic data is presented as contradicting the 'overcapacity' narrative.
- On China, Trump picked the right battle but the wrong strategy
The article discusses Trump's approach to China, highlighting his use of tariffs and protectionism, which is described as chaotic and damaging to US alliances. It predicts a prolonged trade war and criticizes the strategy as ineffective despite identifying a valid issue.
- On China, Trump picked the right battle but the wrong strategy
The article argues that Trump's approach to China involves the right battle but the wrong strategy, citing his protectionist policies, chaotic tariffs, and antagonistic stance toward allies as factors that will keep US trade policy in disarray. It predicts a prolonged trade war as countries seek to bypass US-imposed trade barriers.
- RBNZ’s Breman Says Country Finding Solutions to Protectionism
Anna Breman, governor of the Reserve Bank of New Zealand (RBNZ), stated the country is finding solutions to protectionism. The RBNZ held interest rates for a third consecutive meeting, with policymakers evenly divided on whether to raise rates to address medium-term inflation.
- Netflix hits out over German plan to make groups invest more in Europe
Netflix and other groups criticize a German government proposal to increase investment in European industries, labeling it protectionist. The plan aims to boost local industry but faces opposition from global companies.