Protectionist trade policies dominated discussions at the 61st Munich Security Conference (MSC) this week, with global leaders slamming the US's controversial tariff strategy. 🌐 Speakers called out the approach as “harmful” and “divisive,” comparing it to a real-life Game of Thrones—except this time, everyone loses. 😬
Chinese Foreign Minister Wang Yi delivered a mic-drop moment during his keynote speech: “Protectionism offers no way out, and arbitrary tariffs produce no winners.” 🎤 His comments mirrored concerns from other attendees, who warned that escalating trade barriers could destabilize global markets and strain international relations.
The MSC, running February 14–16, saw ministers and diplomats from over 40 countries and regions align against what many called “economic bullying.” 💼 Experts argue the ripple effects could hit everything from smartphone prices to sustainable energy projects—bad news for Gen Z's wallet and the planet. 📉🌱
Reference(s):
cgtn.com