Protecting Trade in the Face of Rising Protectionism
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#226688e6 ver:0.12

The IMF warns that the fragmentation of the global economy into US and China-centered blocs could erase progress and cost up to 7% of global GDP. Trade and investment between blocs have declined, and non-aligned economies are benefiting as "connectors." The energy transition is also impacted by commodity market fragmentation. The IMF suggests diversifying sources and investing in mining and recycling. Governments should prioritize cooperation and multilateralism to avoid detrimental consequences. Protecting global trade is crucial for economic growth and a successful energy transition. #TradeProtectionism #GlobalEconomy #EnergyTransition...

#newstr #Trade #Tariffs #Sanctions #FreeTrade #Globalization #Services #Smes #DigitalTrade #InternationalTrade #Protectionism 

 https://here.news/story/226688e6?ver=0.12