Tag: Trade

A Progressive Response to Unilateral Protectionism: Good Trade

A Progressive Response to Unilateral Protectionism: Good Trade.jpg

Progressives have long had mixed feelings about globalisation. The reasons for this are understandable: progressives support the equality of opportunities and they fight excessive inequality. International trade and market openings do not necessarily lead to inequality, but they do, by definition, have uneven effects.   While trade makes countries richer overall, many people within them… Read more »

Trump Has (Some) Valid Concerns on Trade, But His Strategy is Counterproductive

Trump Has (Some) Valid Concerns on Trade, But His Strategy is Counterproductive.jpg

In the middle of 2016, something unprecedented happened on the US political scene. All three leading candidates for the presidency – Hillary Clinton, Donald Trump, and (until his concession in July) Bernie Sanders – were critics of “neoliberal” trade policies that put rentier profits above jobs and the real economy.   Their emphases differed, but… Read more »

Trade Wars are not inevitable

Trade war : The 44Th G-7 Summit In Canada.jpg

Following the G7 fiasco in Canada, the US has followed up on its threats to put tariffs on many Chinese exports. The EU faces a complex challenge to come up with a coherent trade strategy in the face of policies and practices of the other two global economic powers. It should avoid taking sides but… Read more »