Trade Protectionism Threatens Global Economic Recovery, Experts Warn
The article discusses how trade protectionism, like imposing tariffs or restrictions on imports, is becoming a bigger problem for the global economy's recovery. While the 2008-2009 financial crisis didn't see a lot of protectionism, more countries are now using these measures to deal with economic challenges. Recent data shows that there has been an increase in new trade restrictions worldwide, going against what many believed about keeping protectionism in check. The article looks at the current state of the world economy, notes the rise in protectionist measures, and considers the implications of this trend.