In this article, the trade minister of India, Anand Sharma, believes that the United States is placing very high protectionism upon their trade due to intellectual property rights.
This article believes that the WTO's current policies in negotiating trade. The current rules are very harsh on protectionist measures, which has caused dissent among various governments and global organizations.
As oil prices keep falling, more and more nations are beginning to worry about the overall effect on their economy. For the first time, Saudi Arabia is moving to cut its prices to explicitly compete with the price of mining oil in the U.S. and Russia, looking to protect its share in OPEC, and possibly go on the defensive to preserve its own domestic and regional shares of oil sales if prices continue to drop.
Amid sanctions against the Russian Federation, Belarus has doubled its quota for imported meats. Speculators say that these will be re-exported to Russia, however Belarusian authorities claim these are only for domestic consumers. This either is an example of Russian attempts to avoid sanctions, or a phenomenal increase in demand for meat in Belarus.
J oseph M. Matalon, chair-man of the Private Sector Working Group on Tax Reform (PSWG), is calling for the imposition of tariffs on primary goods and lower taxations on Jamaicans, saying that the change would serve to fuel economic growth.