1 | Washington Every Country for Itself Despite a pledge not to enact new protectionist policies--which economists say could worsen the global recession--17 of the G-20 countries have implemented such measures in recent months, according to the World Bank. Individual nations' attempts to preserve jobs and industries through tariffs or subsidies "can lead to a negative spiral of events," according to the bank's president. In its report, the bank says 47 separate isolationist measures have been put in place since November.
A sampling of new protectionist measures
RUSSIA Higher tariffs on imported used automobiles, most of which come from Japan
U.S....
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