The world trading system needs to fundamentally change to enhance the economic security and competitiveness of nations and move away from tariff-inflicted protectionism.
Here we present the Sustainable and Equitable Trade Framework (SETF) as a comprehensive alternative, designed to foster a more balanced and prosperous global economy.
Reduced reliance on tariffs: By shifting the focus from border tariffs to internal consumption-based regulations, SETF diminishes the ability of countries to use tariffs as an offensive weapon.