Harvard economist Ken Rogoff notes:
“The rise of
anti-trade populism in the 2016 US election campaign portends a dangerous
retreat from the United States’ role in world affairs. In the name of reducing
US inequality, presidential candidates in both parties would stymie the
aspirations of hundreds of millions of desperately poor people in the
developing world to join the middle class. If the political appeal of
anti-trade policies proves durable, it will mark a historic turning point in
global economic affairs, one that bodes ill for the future of American
leadership.”
Related:
http://vivekjayakumar.blogspot.com/2016/04/oreo-cookies-and-trade-protectionism.html http://vivekjayakumar.blogspot.com/2016/04/jones-act-and-trade-protectionism.html