"Blocking trade or imposing protectionism is not the answer.
In a recent exchange (on the question "Must we impose European protectionism?") Jean-Luc Gréau, an economist, drowned out Matthieu Pigasse, the banker and news magnate.
Amid such moans it is worth remembering that, for all the barriers that foreign multinationals face in China, it has welcomed them with open arms compared with the protectionism imposed by Japan and South Korea at comparable stages in their economic development.
In a desperate effort to do something – anything – to defend their economies, they turned to protectionism, imposing "exchange-rate dumping" duties, and import quotas to offset the loss of competitiveness caused by their own increasingly overvalued currencies.
In addition, their dependence on trade and opposition to protectionism make them reluctant to impose any version of the "Buy American" provision in the United States stimulus plan so as to keep more of the spending at home.
He could cut H-1 visas and promise to impose tariffs of course, he'd be too smart to call such policies protectionism.
The recent Brexit shock, the refugee crisis and terrorist attacks in Europe, and both U.S. presidential candidates' opposition to the Trans-Pacific Partnership -- plus Trump's threat to build a wall along the U.S.-Mexico border and to impose stiff tariffs on Chinese imports -- suggest that the specter of protectionism continues to overshadow the world economy.
The envoy, Sun Zhenyu, also said the United States was engaging in protectionism by imposing unfair duties on Chinese goods and subsidizing American products.
Consider that the Court's speech jurisprudence is animated by concerns about protectionism in the marketplace of ideas -- concerns that the politically powerful will impose their ideological and expressive preferences on others.
Speaking on Thursday, just two days after the Commerce Department announced plans to impose new import quotas on selected Chinese textiles, Mr. Greenspan warned that the "clouds of emerging protectionism" raised new risks for the global economy.
