US Trade

About the Video

The Smoot Hawley Act was passed raising tariffs high US trade and economy crumbled we know why US trade now equals a quarter of the GDP We trade most with China and they push the rules across the sea WTO does crack down but not quite enough for me The CEPR found trade lowered conflict probability. for every job saved in the steel and auto industry It costs consumers $1.5 million in our economy German trade rises but manufacturing jobs go low Surpluses are largely currency and an investment flow Let’s make smart changes that are good for you and me: training and a safety net for all of our autonomy.

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  1. Sources: World bank https://data.worldbank.org/indicator/...
  2. U.S. Dept. of Commerce International Trade Administration.
  3. Retrieved 13 July 2018. https://www.trade.gov/mas/ian/build/g...
  4. Bloomberg says over 85% of U.S. WTO cases won. https://www.bloomberg.com/news/articl...
  5. CERP : https://voxeu.org/article/trade-andor...
  6. Institute For International Economics Long Source: See carbon steel https://fee.org/articles/each-saved-j...
  7. Krugman : https://krugman.blogs.nytimes.com/201...