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The Global Economy’s Real Enemy is Geopolitics, Not Protectionism

What some decry as protectionism and mercantilism is really a rebalancing toward addressing important national issues. The biggest risk to the global economy stems not from this broader reorientation – which should be welcomed – but from a Sino-American rivalry that threatens to drag everyone down.

CAMBRIDGE – “The era of free trade seems to be over. How will the world economy fare under protectionism?”

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