Protectionism rising despite G-20 vows
From: The Washington Times | September 18, 2009
WASHINGTON (AP) — Leaders of the world’s 20 top economies vowed to resist protectionism last November and again in April as they charted a joint strategy for confronting the worst global downturn in generations. As they meet again, they’ll get this progress report: Most of their economies are on the mend — and trade tensions and protectionism are on the rise. A U.S.-China spat over Chinese tires and American chicken exports is just the latest example of how hard it has been to live up to those lofty fair-trade pledges. Nearly all 20 nations whose leaders meet next week in …
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