Protectionism has grown quite popular as American workers continue to worry about losing jobs to other countries.
And politicians zeroed in on these anxieties as they vied for the top job in the White House during the 2016 campaign. President-elect Donald Trump in particular made the debate over free trade one of the central topics of his campaign after criticizing China, Mexico, and Japan.
Although there is empirical evidence suggesting that increased trade with China actually did cause some big problems for American workers, it’s not the only factor that has affected the manufacturing sector. Automation has also been a contributor.In […]