Global Trade War Escalates: Protectionism Surges at Alarming Rate
2025-03-25
The Wall Street Journal
The world is witnessing a rapid rise in trade barriers, echoing the protectionist policies of the 1930s. This surge in isolationism is sparking concerns of a global trade war, with far-reaching consequences for economies worldwide. As nations impose tariffs and trade restrictions, the threat of economic instability and stagnation looms large. The current pace of protectionism is unprecedented in decades, prompting fears of a prolonged trade war that could impact international trade, global markets, and economic growth. Key issues include trade policy, economic instability, and global markets.