President-elect Trump has said he'll withdraw from the Trans-Pacific Partnership, renegotiate NAFTA and impose new tariffs on imports from China and Mexico. He has also called out U.S. companies like General Motors and Carrier for moving jobs abroad. His positions signal a radical departure from a long-standing bipartisan consensus on the value of free trade, which proponents say benefits workers and consumers alike. We discuss the potential economic impacts of the Trump administration's trade policies.
President-Elect Trump Signals Shift Toward Protectionism
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President-elect Donald Trump speaks to workers at Carrier air conditioning and heating on December 1, 2016 in Indianapolis, Indiana. (Photo: Tasos Katopodis/Getty Images)
Caitlin Webber, trade policy analyst, Bloomberg Intelligence
Dan Ikenson, director, Cato’s Center for Trade Policy Studies
Jared Bernstein, senior fellow, Center on Budget and Policy Priorities; former chief economist to Vice President Biden; author, "The Reconnection Agenda: Reuniting Growth and Prosperity"