13min chapter

Foreign Policy Live cover image

Ngozi Okonjo-Iweala on the White House’s New China Tariffs

Foreign Policy Live

CHAPTER

Navigating Subsidies and Protectionism: Challenges for Smaller Countries

This chapter explores the obstacles faced by smaller nations like Sri Lanka in a global landscape dominated by subsidies and protectionist policies. It highlights the importance of strategic subsidy approaches and the potential negative repercussions for less resource-rich countries. Additionally, it underscores the significance of upholding the multilateral trading system and the role of middle powers in sustaining a rules-based framework.

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