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New Global Trade Restrictions Will Complicate Supply Chains

New Global Trade Restrictions Will Complicate Supply Chains

According to the WTO, the initiation of trade remedy investigations remained the most frequently applied measure by far, representing 72% of trade-restrictive measures and above the average share observed since 2009.

According to the WTO, the initiation of trade remedy investigations remained the most frequently applied measure by far, representing 72% of trade-restrictive measures and above the average share observed since 2009. The G20 economies initiated far more trade remedy actions (61) than were terminated (36) during the latest reporting period. Metal products (in particular steel), chemicals, and plastics and rubber account for the largest shares of anti-dumping and countervailing initiations during the review period.

The G20 economies are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Republic of Korea, Japan, Mexico, the Russian Federation, the Kingdom of Saudi Arabia, South Africa, Turkey, the United Kingdom and the United States, as well as the European Union.

Read More: http://www.scmr.com/article/new_trade_restrictions_will_complicate_global_supply_chains


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