Protectionism is Not New

4/13/2017 - Infographic and chart
ic_blogtagTradeUnited StatesProtectionismTrade

​Global trade volume has been expanding since 2011 at half of its pre-crisis yearly average (+7%). Euler Hermes expects only +3.3% in 2017. Sluggish trade triggered a wave of protectionist measures, which in turn hampered trade growth. Almost 2300 new trade barriers were imposed over the last three years, 1 in 8 of these by the US.

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