The constant pulse between the Trump Administration and China on account of trade tariffs has triggered the troubled waters alarm in world trade.
The liberalisation of the Spanish economy leads to the false impression that restrictions on competition have practically been eradicated.
In general, protectionism harms much more than it helps in the long run. Unfortunately laws are the slowest thing to change.
Throughout history, protectionism has often gone hand-in-hand with nationalism.
Many countries are currently liberalising trade through bilateral and regional free trade agreements.