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Protectionism Is ‘Greatest’ Economic Threat, Merkel Tells FT

Protectionism is the “greatest danger” to the world economy and nations are not taking sufficient measures to ensure “genuinely free trade,” German Chancellor Angela Merkel told the Financial Times in an interview.

Completing the Doha round of world trade talks would help address the issue and would be a move that “does not cost us much, and does not create any new debts,” Merkel said, according to the FT.