Financial Times FT.com

The New Protectionism

Business, not bureaucrats will get trade moving

By Alan Beattie

Published: September 27 2009 17:38 | Last updated: September 27 2009 17:38

It took about 48 hours after the G20 meeting in Washington last November for the first holes to be punched in the anti-protectionism pledge to which all heads of government signed up.

Russia made the initial incision by raising car tariffs, after which pretty much everyone piled in to the breach.

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