Trade is No Longer a Way to Open Up Markets: A Deep Dive into Policy Impact
Friday, 13 September 2024, 16:33
Trade Policies and Their Impact
Recently, the landscape of international trade has shifted dramatically. Deborah Lehr, the Basilinna Chair & CEO, emphasizes that trade is no longer serving as a conduit for market opening. These changes are particularly detrimental to China's already struggling economy.
Effects on China's Domestic Economy
- Declining market access
- Increased tariffs and restrictions
- Impact on global supply chains
This drastic shift in approach may drive long-term consequences for both domestic and international markets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.