Analysis: Trump's Trade Plans to Test His Deal-Making Skills
International economics expert Jeffrey Bergstrand is concerned about President Trump's focus on protectionism.
- Published
EXCERPT:
[Trump's] focus on protectionism raises a concern among many trade experts, who say the savings from lower-cost imports get passed to consumers in the form of cheaper prices for cars, clothing and a range of other items.
"Protection is really bad," said Jeffrey Bergstrand, an economist at the University of Notre Dame. "We all lose from higher prices."
Read the entire story on The New York Times website.
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