The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.
It Is Happening Every Day, Every Where
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.
The gain was stronger than expected, though the impact of President Trump’s tariffs and other policies on the labor market has yet to play out.