#tradefacts
10 messages on international trade

Societies win when countries trade. Nonetheless, protectionist ideas are gaining support from government and industry around the world. This serves to enrich a few and damages the interests of many. We believe protectionists are getting it wrong and would like to make our case in ten factbased messages on international trade - one each week and collected below.

all #tradefacts

#4 - Tariffs are like a tax which hit poor people hardest

| Tariffs are like a tax hitting low income households hardest: the poorest lose 1.6% of income after tax.

#3 - Trade stabilises the economy of developing nations

| Export diversification stabilises currency earnings and enhances economic growth, especially for countries at the lower end of the value chain.

#2 - 31 Million EU jobs are supported by exports. And these pay nicely.

| 31 Million jobs in the EU are supported by exports and trade with the world, highly skilled and well paid they help modernising the economy.

#1 - Trade makes the world better off. It should be more popular.

| When a firm or an individual buys a good or a service produced abroad at lower cost, living standards in both countries increase. Societies gain when countries trade.


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