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December 7, 2017

New book examines the U.S. backlash over trade

  • ‘Straight Talk on Trade' says most economists have long ignored that global free trade, for all its benefits, inevitably ends up depressing some industries and communities.
    AP Economics Writer

    WASHINGTON — Many mainstream economists say they're appalled by President Donald Trump's threats to trash trade agreements and tax imports in a blunt-force drive to shrink America's bulging trade deficits.

    Yet economists themselves bear some blame for the backlash against free trade and globalization that helped propel Trump to the White House and Britain to abandon the European Union.

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