Western Protectionism Threatens Global Stability By Mehmet Enes Beşer Trade was the banner of Western liberalism—a belief in open markets, comparative advantage, and multilateralism. For decades, the United States and the European Union preached the gospel of globalization, negotiating trade agreements, reducing tariffs, and preaching developing economies the virtues of deregulated markets. But in a disquieting turn of historical irony, ...