Tag: tarrif barriers

Synopsis: Trade protectionism is increasing in India. It may harm India’s trade relations with other countries. Introduction During the recent G-20 ministerial meeting in Italy, Commerce Minister Piyush Goyal stated that India is deepening trade ties with several countries. India is indeed negotiating free trade agreements (FTAs) with several countries. However, rising trade protectionism in… Continue reading International trade is not a zero-sum game