I'm interested to see how everyone views free trade, especially considering Trump's protectionist rhetoric. Do free-trade organization like NAFTA make our economy better or worse? Personally, I hold the strong belief that free trade expands global economic output, delivering lower prices to consumers in every country, thereby constituting a net benefit. However, certain sectors of the economy are disproportionaly hurt by free trade. Should the government step in? Why or why not?
Jun 2, 2018
Group of Seven finance chiefs criticized the U.S., claiming its trade actions could devastate global economic confidence and threaten the effectiveness of the Western alliance. Do you agree? Will these tariff actions ultimately have such effects?