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Protectionism May Halt Global Economic Recovery

Lisbon, December 12, 2017 - Global trade growth in 2017 and 2018 is expected to be half the value of pre-crisis years: growing financial and trade protectionism, together with rising interest rates and volatile geopolitics are increasing the costs of trade.

This is one of the main conclusions of third Global Trade Outlook by Euler Hermes, shareholder of COSEC, the national leader in credit insurance, titled "Game of Trade: Unbowed, Unbent, Unbroken?”, whose analysis was focused on 8 key countries: USA, Mexico, China, Japan, Germany, France, United Kingdom, and Italy.

Protectionism May Halt Global Economic Recovery

Lisbon, December 12, 2017 - Global trade growth in 2017 and 2018 is expected to be half the value of pre-crisis years: growing financial and trade protectionism, together with rising interest rates and volatile geopolitics are increasing the costs of trade.

This is one of the main conclusions of third Global Trade Outlook by Euler Hermes, shareholder of COSEC, the national leader in credit insurance, titled "Game of Trade: Unbowed, Unbent, Unbroken?”, whose analysis was focused on 8 key countries: USA, Mexico, China, Japan, Germany, France, United Kingdom, and Italy.