There will also be a lot of pious palaver about the need for more cooperation, better international regulation and new initiatives to fight protectionism and promote free trade.

FORBES: Weak Dollar = Weak Recovery

Even if a new round of protectionism can be avoided, ambitions to liberalise trade further are disappointingly limited.

ECONOMIST: International trade

America's newfound protectionism is also worrying the Europeans and could easily presage a new trade war.

BBC: Bush's tough task in Europe