The economic argument for free trade is politically more important than ever. A drift towards the use of tariffs and other protectionist measures has increased in G20 countries since the global financial crisis and there are signs that the protectionist trend could accelerate in the wake of Covid-19. This at a time when a global economic recovery will urgently need the boost that trade offers.
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Alexander Downer is chairman of Policy Exchange. He was Australian High Commissioner to the UK and previously Australia’s foreign minister
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