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?
German Chancellor Angela Merkel has rebuked the "America First" approach to free trade of US President Donald Trump. Meeting in Brussels, European and Asian leaders have pledged to create "win-win" situations.
Washington is looking to fix "chronic" trade imbalances by negotiating trade agreements with the UK, the EU, and Japan, US officials have said. Donald Trump's efforts to cut trade deficit have so far been unsuccessful.
Ahead of a Brexit summit on Wednesday, the EU has urged the UK to make "concrete proposals" to break a stalemate in negotiations. German Chancellor Angela Merkel compared any solution to "squaring a circle."
British Prime Minister Theresa May has doubled down on her Brexit plan at a divided Conservative conference. She urged the party to coalesce around her plans; otherwise, she said, there may be "no Brexit at all."
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