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G20 leaders commit to addressing trade disruptions caused by COVID-19

March 26, 2020 at 11:16 AM
G20 leaders on Thursday pledged to enhance global cooperation to fight the coronavirus pandemic, committing to ensure any “emergency” trade measures are measured and temporary. As of last week, more than 50 governments had implemented some type of export restriction on medical supplies and equipment in response to the pandemic, according to a study from Global Trade Alert. Analysts have warned that such tools could lead to higher prices, supply shortages and isolationism. “Emergency measures aimed at protecting health will...

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