A wall with Mexico, Brexit, down with free trade! More and more countries are trying to 'protect' domestic economies. But what does ‘protectionism’ really mean? And suppose one protective measure is followed by many others?
Vietnam is hosting this year's Asia Pacific Economic Cooperation (APEC) summit, which gives it an opportunity to tout the benefits of global free trade. But convincing protectionists like Trump remains an uphill task.
A looming Brexit makes Britain ineligible to host the EU's year-long cultural title, the EU has confirmed, describing it as a matter of "common sense." Some British cities had already launched selection campaigns.
Brexit hasn't even happened and already Brussels is dividing up the post-divorce spoils. Meanwhile, hypocrisy remains rampant in British politics and Russia sends its love to Theresa May.
Opportunist second thoughts have emerged in Grimsby and Humber, England's seafood heartland, which voted 70 percent for Brexit. Its ports, critics of EU fishing rules, now want London to grant special free trade status.
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