TOKYO/WASHINGTON/BEIJING -- Global free trade is facing a new assault as many countries have turned to subsidies and other protectionist industrial policies to survive supply chain shortages and competition with rivals.
Protectionist industrial policies take hold around the world as the WTO's dispute settlement system remains paralyzed.
Datawatch
Subsidies race casts pall over global free trade
Number of state handouts favoring local businesses rises 60% in 3 years
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