Global trade: a race of the big pockets?

Concerns that some countries will be left out of new US trade strategy raised at WEF summit in Davos

This becomes a rich-country game, right? We can subsidise this, you can subsidise that — what about the poor countries, who have limited fiscal room? They get left out in the cold Raghuram Rajan Former governor of the Reserve Bank of India

By MARK JOHN
Reuters
Business | Economy


● The US pitched its vision of “workercentric” trade. China promised an “allround opening up”. Europe spoke of its quest for strategic autonomy. And industrial policy — backed with lots of state cash — is no longer a dirty word. The Big Three trading...

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