Donald Trump’s 2016 election win was largely due to dissatisfaction with the exodus of manufacturing jobs from the United States and Trump’s promise to bring them back. Americans certainly had reason to bemoan the loss of such jobs, which shrank from 17 million in 2000 to 11 million in 2010. Even after an economic recovery, the manufacturing comeback has been small. Can President Trump recoup these jobs through protectionism? As economist David Dollar explains in this concise overview, three major trends make such an outcome unlikely. While always politically neutral, getAbstract suggests this article to anyone interested in the impacts of trade policies on the US economy.
About the Author
David Dollar is a senior fellow at the John L. Thornton China Center at the Brookings Institution.
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2 years agoIt's not saying anything, this is a very poor summary.