Free trade and globalisation had a bad 2016, but it looks like 2017 could be even worse.
For decades there has been a consensus that globalisation brought more jobs, higher wages and lower prices – not just for richer countries but also for developing and poorer nations.
But there is now a growing movement of anger as people see jobs being taken by machines, old industries disappearing and waves of migration disturbing the established order.Global trade flows are falling and trade deals are being ripped up.The new US President Donald Trump has threatened to impose tariffs of up to 45% on […]
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