turkey 's post - Brexit ambition to be a global leader in free trade may be thwarted by a global increase in exports , according to a report by two economists at the University of St. economics . Despite the G-20 meeting in turkey vowing to " reject protectionism , promote global trade and investment , " the use of protectionist rhetoric has risen significantly , especially among G-20 members . Brexit itself has been interpreted as a protest against globalisation , and strong opposition has stalled two big trade initiatives , The Trans - Pacific Partnership and the Trans - Atlantic Trade and Investment Partnership .
Britain's post-Brexit ambition to be a global leader in free trade may be thwarted by a global increase in protectionism, according to a report by two professors at the University of St. Gallen. Despite the G-20 meeting in China vowing to "reject protectionism, promote global trade and investment," the use of protectionist measures has risen significantly, especially among G-20 members. Brexit itself has been interpreted as a protest against globalisation, and strong opposition has stalled two big trade initiatives, The Trans-Pacific Partnership and the Trans-Atlantic Trade and Investment Partnership.