The patterns of global trade are moving into a new era, except that they look like a re-run of a terrible past.
It’s not so much a concern about the rise of isolationist nation states – ones that put protectionist trade policies before the world’s economic health. The fear must be that trade reverts to the 19th-century rulebook that rewarded the countries with the most muscle and bargaining power.
Continue reading...posted from The Guardian
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