President Trump's America First trade policy aims to close trade deficits and re-industrialize the United States. Is it an effort whose time has come or a colossal mistake?
Tag: protectionism
Fast Track Push for Trans-Pacific Partnership Implies it’s a Raw Deal
New Year's Day 2015 marked the 20th anniversary of NAFTA's implementation. The North American Free Trade Agreement became infamous when independent presidential candidate Ross Perot remarked in 1992 that the passage of NAFTA would create a "giant sucking sound" of American jobs lost to Canada and Mexico. NAFTA, however, is hardly in history's rear-view mirror. It …
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Apple, America and the ‘China Problem’
The secret is out: Apple has a worm inching its way through its corporate flesh. January was a tough month on the Cupertino, California company venerated for its innovation and vision. The controversy emerged when an Apple contractor in China, a manufacturing facility known as Foxconn where many brand-name electronics are assembled largely by hand, …