Category

Protectionism

Number 10 slaps down David Lammy ‘protectionism’ comments as tariff shockwaves continue Protectionism

Number 10 slaps down David Lammy ‘protectionism’ comments as tariff shockwaves continue

Friday 04 April 2025 4:19 pm The FTSE 100 hit a three-month low on Friday, as panic grips global financial markets. (Photo by Chris J Ratcliffe/Getty Images) Downing Street has distanced itself from comments made by the foreign secretary, who told reporters on Friday that he regrets “the return of…
bubmag
April 4, 2025
Protectionism has a long history in the US – so its return should not be all that surprising Protectionism

Protectionism has a long history in the US – so its return should not be all that surprising

While Britain has for the most part had a strong commitment to free trade, it’s a very different story in the US, which has a long history of protectionism. This means that President Donald Trump’s tariff wars are playing out very differently politically on his side of the Atlantic. And…
bubmag
March 13, 2025
Ailing China Steel Sector Seized by Talk of ‘Supply Reform 2.0’ Protectionism

Ailing China Steel Sector Seized by Talk of ‘Supply Reform 2.0’

China’s billion-ton steel industry is edging toward its biggest shake-up in a decade, with speculation growing that Beijing will order plant closures in response to a construction slowdown at home and a wave of protectionism overseas. Author of the article: Bloomberg News Katharine Gemmell Published Feb 27, 2025  •  Last…
bubmag
February 28, 2025
Welcome, (neo)protectionism: US may target Chinese ships with up to $1.5M port fee Protectionism

Welcome, (neo)protectionism: US may target Chinese ships with up to $1.5M port fee

Home Regulations & Policy Welcome, (neo)protectionism: US may target Chinese ships with up to $1.5M port fee February 26, 2025, by Naida Hakirevic Prevljak The Office of the United States Trade Representative (USTR) has proposed a measure to charge a fee of up to $1.5 million for Chinese-built vessels entering…
bubmag
February 26, 2025
Amid Trump’s tariff threats, India vows to avoid protectionist signals on trade Protectionism

Amid Trump’s tariff threats, India vows to avoid protectionist signals on trade

Synopsis In the wake of U.S. tariffs, India's Finance Secretary Tuhin Kanta Pandey stated that the country is not leaning towards protectionism. India has reduced import duties on items like high-end motorcycles to signal its openness to trade. Though cuts were made, analysts argue India’s tariffs remain high compared to…
bubmag
February 3, 2025
Yearender: With unwavering allure, China remains top-notch choice for global investors Protectionism

Yearender: With unwavering allure, China remains top-notch choice for global investors

An aerial drone photo taken on Dec. 4, 2024 shows a view of Shenzhen, south China's Guangdong Province.   (Xinhua/Mao Siqian) BEIJING, Dec. 25 (Xinhua) -- In a year marked by rising protectionism and "decoupling" attempts in the world economic arena, what has become of China's allure as a favored…
bubmag
December 26, 2024
As Trump return looms, China’s Xi at APEC criticises protectionism Protectionism

As Trump return looms, China’s Xi at APEC criticises protectionism

By Eduardo Baptista and Lucinda Elliott LIMA (Reuters) -With Donald Trump's imminent return to the U.S. presidency looming over the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Chinese President Xi Jinping said on Friday that unilateralism and protectionism needed to be rejected in favour of economic globalization. Xi's critique of…
bubmag
November 16, 2024