Trade Cases
December 14, 2019
Global Trade Restrictions at Historical High
Written by Sandy Williams
A new report by the World Trade Organization shows trade restrictions by WTO members are at historically high levels.
Between mid-October 2018 and mid-October 2019, the trade coverage of import-restrictive measures implemented by members was estimated at $747 billion, an increase of 27 percent from the prior year and the highest level since October 2012. Trade measures increased in the second half of the year as a result of anti-dumping investigations. WTO members implemented 102 new trade-restrictive measures during the review period, adding to those already in place.
