Trump Is Paving the Way for Another China Shock

News Source : The Atlantic

News Summary

MIT economist David Autor helped fracture the old free-trade consensus
But he thinks that what’s replacing it is even worse
Autor: Trump's tariffs will actually weaken American manufacturing, with the potential for damage far greater than what the country experienced the first time around

To the extent that Donald Trumps trade war with China is based on a coherent story about the world, it is this Free trade with China has been a disaster for the American worker, and we need tariffs [+12945 chars]

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