Protectionism

'Over the next 30 years, we're expected to extract as many resources from the planet as we have since the beginning of human civilisation'

One of the major pillars or principles of the General Agreement on Trade and Tariffs (GATT) under the auspices of the World Trade Organisation (WTO) was the abolition of quantitative restrictions

Quality control should not be made a non-tariff barrier

China opposes protectionism, the erection of fences and barriers, decoupling, disruption of industrial and supply chains, unilateral sanctions, and maximum-pressure tactics, President Xi Jinping said on Sunday, apparently hitting out at the US. China adheres to the right course of economic globalisation, he told the key Congress of the ruling Communist Party here. The 20th Congress in its weeklong session starting from Sunday is widely expected to endorse a record third five-year term for Xi who also heads the party and the military. China strives to promote trade and investment liberalisation and facilitation, advance bilateral, regional, and multilateral cooperation, and boost international macroeconomic policy coordination, Xi said. China opposes protectionism, the erection of fences and barriers, decoupling, disruption of industrial and supply chains, unilateral sanctions, and maximum-pressure tactics, he said. Xi said China is committed to working with other countries to fost

Globalisation is morphing as new agendas come into focus. These now drive action on climate change, taxation of global companies, tackling terrorism, sharing vaccines and the like, writes T N Ninan

He said the strategy for the companies is to be an active player in every market that they operate and have an articulation of partnership with that country and which reflects its priorities

Rajan was addressing a virtual event organised by economic think tank ICRIER

Protectionism will hurt India's economy and its people

Situation to worsen as estimates don't take into account coronavirus outbreak

In US, 61% are concerned while in Europe the number is half the total number of companies there, according to HSBC report

Those who wish to blindly ape the Donald Trump-era United States' trade policy clearly have never bothered to think hard about the economic consequences of their actions in India