When US President Donald Trump pulled out of the proposed Trans-Pacific Partnership, the eleven remaining nations amended it so it could take effect without Washington's participation. But how far can free trade go without the world's top economy?
Washington accuses New Delhi of deploying a wide range of trade barriers that negatively affect US commerce. Media reports say that India could impose higher import duties on US goods in response to Trump's latest move.
Japan and the EU have agreed to increase cooperation on trade, the environment and security. The two sides enacted a large trade deal in February, an agreement they believe counters the "global trends of protectionism."
How quickly can the trade spat between the United States and China be resolved? At the World Economic Forum in Davos, Switzerland, some believe it could take years before a sustainable settlement is agreed.
Top policymakers and business leaders have flocked to Davos again for the annual World Economic Forum in the Swiss Alps. The meeting is overshadowed by trade conflicts and a resurgence of economic nationalism.
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