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

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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