Is Free Trade Facing an Uphill Battle in Today's Political Climate?

The Shift Towards Populism and Protectionism

The era of Neoliberalism is waning, giving rise to nationalist and protectionist sentiments globally.

The Impact on Trade Policies

Congress and the public show little appetite for new trade agreements, focusing instead on optimizing existing ones.

Addressing Misconceptions About NAFTA and Job Losses

Job losses are primarily due to technology advancements, not trade agreements like NAFTA.

Ensuring Workforce Competency

Investing in education and vocational training is crucial for capitalizing on the benefits of free trade.

The Role of States and Industrial Policy

• States like Arizona and South Carolina actively contribute to trade promotion and attracting foreign investment.
• Smart industrial policies can support technological advancement and competition without resorting to protectionism.

Public Support for International Trade

Despite growing anti-trade sentiments, the majority of Americans recognize the benefits of international trade.