Protectionism Rises, Global Trade Adjusts

Sanatate

As protectionism continues to rise around the world, global trade flows are adjusting, according to an analysis by visualcapitalist.com, which notes that last year, global goods exports totaled $23.8 trillion, down 5% from 2022. Despite facing a wave of tariffs, China's goods exports are showing resilience, with the Asian country leading the global market. In 2023, China's export volume approached historic highs, while the price of its factory-produced exports fell by 10% on average. According