Bloomberg: Could a ‘Global Contract’ Save Workers and Heal the Planet?
Unfortunately what are called ‘high standards’ can become a cloak for crony deals and protections.
(From Bloomberg)
French entrepreneur Denis Payre thinks he can level the tilted playing field of global trade: He wants nations to sign a global contract that would set human and environmental standards that all participants in trade would have to live by—including China, which he regards as a particular problem. Payre’s plan would depart from strict adherence to free trade by imposing a tariff on imports coming from poor nations that don’t abide by high standards.
Reprinted from: https://www.ac2news.com/2020/01/bloomberg-could-a-global-contract-save-workers-and-heal-the-planet/