Protectionism Returns to South America

Protectionism Returns to South America

 

Once sheepish about protecting select industries, South American governments are growing bolder in their attempts to slow the pace of imports. High commodity prices have empowered South American currencies, a boon to consumers. At the same time, traditional manufacturers of auto parts, textiles, electronics, shoes and other labor-intensive assemblies cry foul in light of strong currencies and plead for protection…. (read on).

« Back