This piece was authored by Austin Henshaw.
Much of Trump’s campaign rhetoric, embodied in his campaign slogan “Make America Great Again,” included a rejection of globalism, backed up by proposed policies of economic protectionism. Unfortunately, if these trade policies are “successful,” it will disproportionately impact the poor and working class, which is ironically a large portion of Trump’s core voting demographic.
Dan Griswold, fellow at the Mercatus Center and co-director of their program on The American Economy and Globalization, states “Canada, Mexico, and China are the top three customers for U.S. exports.” Conversely, those economies are the top three Trump has had unfavorable rhetoric towards in regards to free trade.
In a Reason Podcast, Griswold confronts some common misconceptions about the expansion of free trade, namely that it is the main driving force behind job loss (automation and technological innovation are the leading causes) and previous…
View original post 691 more words
Recent Comments