“There has been a rise in global trade restrictions in recent years.”

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There has been a notable increase in global trade restrictions over the past few years. Several factors have contributed to this trend:

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In 2022 alone, new restrictions on goods, services, and investment increased by 14% compared to the previous year, reaching over 2,600 measures globally. These trade restrictions impact economies and supply chains, emphasizing the need for careful management of international trade.

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