TRUMP’S HIGH TARIFFS REGRESSIVE TO GLOBAL TRADE
OPEN AND FREE TRADE BEING CHALLENGED
2018-03-20 11:36
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Globalisation was at cross roads at the turn of the century due to East Asian currency meltdown and the failure of Seattle WTO ministerial in 1999. There was an UNCTAD meeting in Bangkok in the early part of 2000 to put globalization back on track. At the concluding news conference of the UNCTAD meeting, a reporter observed that as per Hindu philosophy, only thing that is certain in this universe is death and has it become a certainty for globalization.