Thinking about the US Economy, China, and Trade
==========
James Pethokoukis argues that big trade tariffs reduce jobs and productivity; highlights insights from economist Glenn Hubbard on the risks of overreacting to the China trade shock; warns against protectionism in trade and technology; emphasizes the importance of embracing disruption for economic growth; critiques the notion of complete domestic production; suggests that technological disruption is often blamed on trade; discusses the need for a focused agenda to prepare Americans for success rather than protectionism; acknowledges the necessity of treating trade with China differently due to its state interventions; calls for new trade groups based on shared principles.
#UsEconomy #China #Trade #Protectionism #GlennHubbard #DonaldTrump #EconomicGrowth #Technology #NationalSecurity #WorldTradeOrganization
https://www.aei.org/economics/thinking-about-the-us-economy-china-and-trade/
American Enterprise Institute /
npub14z…4fwd3
2024-08-26 19:50:01
Author Public Key
npub14zq8m4ucx6nteqtxp2d3m8z3tqa2hkcwh4rm96lde0cx2cjwlh9s94fwd3Published at
2024-08-26 19:50:01Event JSON
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"content": "Thinking about the US Economy, China, and Trade\n==========\n\nJames Pethokoukis argues that big trade tariffs reduce jobs and productivity; highlights insights from economist Glenn Hubbard on the risks of overreacting to the China trade shock; warns against protectionism in trade and technology; emphasizes the importance of embracing disruption for economic growth; critiques the notion of complete domestic production; suggests that technological disruption is often blamed on trade; discusses the need for a focused agenda to prepare Americans for success rather than protectionism; acknowledges the necessity of treating trade with China differently due to its state interventions; calls for new trade groups based on shared principles.\n\n#UsEconomy #China #Trade #Protectionism #GlennHubbard #DonaldTrump #EconomicGrowth #Technology #NationalSecurity #WorldTradeOrganization\n\nhttps://www.aei.org/economics/thinking-about-the-us-economy-china-and-trade/",
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