Question
Please read the paragraphs below and state your opinion on: In the future, what changes do you believe will occur regarding where goods sold in
Please read the paragraphs below and state your opinion on: In the future, what changes do you believe will occur regarding where goods sold in America will be produced?
At least eight countries, along with the EU, have this year unveiled new limits on foreign investment, aimed in particular at blocking takeovers of distressed strategic industries.
Governments have been using subsidies to prop up domestic businesses through the shutdowns. Some of the most contentious trade fights of recent yearspitting the U.S. against the EU, and nearly every major country against Chinahave centered on market-distorting government support for industry.
Trade experts warn of new battles over whether such funding improperly promotes exports or blocks imports, especially when justified in the name of health security. "Dealing with precautionism will be much tougher than dealing with protectionism," said Mr. Lamy, the former WTO chief. The varied ways that countries choose to protect their populations from risks, he said, "will fragment the global trading system in a much more definitive way than tariffs."
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