🔍 The world economy faces a new roadblock, and it’s not what you might expect. Professor Carl Fey of BI Norwegian Business School dropped a truth bomb in a recent interview: \"The US becoming a protectionist country is my biggest concern for the global economy.\" 🤯
While China pushes for free trade agreements and cross-border collaboration 🌏🤝, America’s shift toward tariffs and trade barriers has experts side-eyeing its economic strategy. Fey called the trend \"ironic,\" pointing out how the tables have turned in international trade dynamics.
💡 Why does this matter to you? Protectionist policies could mean pricier gadgets 🤑📱, slower tech innovation, and fewer opportunities for startups eyeing global markets. For young professionals and entrepreneurs, this economic tug-of-war might reshape the next decade of business.
China’s continued push for open markets offers some hope, but as Fey warns: \"Cooperation, not competition, is the key to weathering this storm.\" 🌪️ Will world leaders listen? Stay tuned.
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Professor: 'Protectionist' US biggest concern for world economy
cgtn.com