Summary of The Real Reason Manufacturing Jobs Are Disappearing
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Protectionism is back in vogue. In the United States, President Donald Trump has successfully appealed to voters by blaming “unfair trade practices” and outsourcing for their economic grievances. But what makes for good political rhetoric isn’t always sound economic policy. Augie Picado, a supply chain specialist and country manager for UPS Mexico, explains why free trade opponents are aiming at the wrong target. While always politically neutral, getAbstract recommends this talk to anybody interested in a fact-based discussion on the divisive topic.
In this summary, you will learn
- Why free trade improves product quality and lowers costs for consumers, and
- Why offshoring isn’t the main culprit for the loss of manufacturing jobs.
About the Speaker
Augie Picado is a supply chain specialist and the country manager for UPS Mexico.