According to a study conducted by the World Trade Organization between October 2023 and October 2024 and published on Thursday 13 November, trade barriers have increased in G20 countries. These countries put 91 new trade-restrictive measures in place during this period—generally on imports.
According to the WTO’s estimates, these barriers amount to a loss of around $828.9 billion, whereas they represented only $246 billion in 2023.
“The report indicates a trade-restrictive...