Category

Protectionism

A major American steelmaker has lost 70% of its market value since Trump slapped steep tariffs on the metal last year Protectionism

A major American steelmaker has lost 70% of its market value since Trump slapped steep tariffs on the metal last year

AP Photo/Evan Vucci Bloomberg reported Sunday evening that a 25% tariff on imports of the metal has accelerated the decline of some US mills. US Steel, a titan of the metal industry, has lost $5.5 billion in market value and idled two furnac…
bubmag
July 8, 2019
The G20 on Shaky Ground Protectionism

The G20 on Shaky Ground

Although fair and free trade is one of the G20s guiding principles, protectionism has re-emerged in many member states in recent years. Lawrence Summers, one of the G20s architects, discusses the groups evolution since it was established nearly 20 years ago, …
bubmag
July 2, 2019