Small countries bracing for protectionist turn: Bank of Israel governor

HIDEMITSU KIBE, Nikkei staff writer

JERUSALEM -- Small, open economies like Israel would be hit hard by a global movement away from free trade, the head of the country's central bank warned.

"Uncertainty" has been main challenge of the "Trump era" so far, Karnit Flug told The Nikkei, referring to the world reaction to Donald Trump's election as U.S. president.

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