https://www.wto.org/english/news_e/spno_e/spno51_e.htm

'These are among the over 130 new trade-restricting measures recorded by the 
WTO Secretariat since the start of this year. This number represents an 8% 
increase to the stockpile of over 1600 restrictive measures introduced between 
2009 and 2023, which as of last year were already affecting over 10% of world 
goods trade. In addition, WTO members initiated 210 trade remedy investigations 
in the first half of 2024 — nearly as many as in all of 2023. While not all 
will culminate in the imposition of duties, investigations have a 
well-documented chilling effect on trade. And I haven't even mentioned 
subsidies yet.
Frictions are manifesting as trade disputes. Six of the eight WTO disputes 
initiated this year deal with green technologies, particularly electric 
vehicles.
I hope we are not on a path that leads back to the sort of economic disorder 
that came before Bretton Woods — disorder that was followed by political 
extremism and war.'


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