WTO Report Warns Of Increased Trade Protectionism

Law360, New York (September 15, 2009, 5:35 PM EDT) -- The World Trade Organization has warned of a “slippage” toward protectionist policies among G20 nations in the wake of the global economic crisis, citing agricultural, iron and steel, automotive, chemical, plastic and textile as the products most affected by increased tariffs.

The “Report on Trade and Investment Measures,” authored jointly by the WTO, the Organization for Economic Cooperation and Development and the United Nations Conference on Trade and Development, said that G20 governments have continued “in a limited way” to engage in practices that “hindered trade...
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