Geopolitical dialogue has broken down, the institutional fabric of the global trade regime has collapsed, liberalism is in retreat, while populism, nationalism and, consequently, mercantilism and protectionism are on the rise. Illustration: Craig Stephens

A trade war is imminent, but not inevitable. Can mindsets change before it’s too late?

Jean-Pierre Lehmann says the gap between our changing markets and the unchanging ways of trade negotiations led to the collapse of WTO talks in 2003. Today, the problem persists amid a rising tide of populism and nationalism. Trade policy agendas must breach the reality gap

Topic |   Trade

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Geopolitical dialogue has broken down, the institutional fabric of the global trade regime has collapsed, liberalism is in retreat, while populism, nationalism and, consequently, mercantilism and protectionism are on the rise. Illustration: Craig Stephens
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