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Commodities Briefing - Categorized | Commodity Crisis, Market Moves more

Trade barriers rise as the recession’s grip tightens

Posted on 23 March 2009

From Nytimes.com: After repeated pledges by world leaders to avoid erecting trade barriers, protectionism is on the march, provoking nasty trade disputes and undermining efforts to plot a coordinated response to the deepest global economic downturn since World War II.
From a looming battle with China over tariffs on carbon-intensive goods to a spat over Mexican trucks using American roads, barriers are going up around the world. As the recession’s grip tightens, these pressures are likely to intensify, several experts said…..Full Article: Source


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