Taller Boundary Walls, Barbed Wire Reinforcements: The Curious Case of Increased Trade Protectionism Across the World

The article outlines how the global trading system is entering a period of heightened protectionism, driven by geopolitical tensions, persistent trade imbalances, rising economic nationalism, and the growing strategic importance of critical industries and resources. It highlights the increasing use of tariffs, non-tariff barriers, trade remedies, and regional trade arrangements as countries seek to safeguard domestic interests and strengthen economic resilience.