more nationalism and billateral deals, less emphasis on multilateral institutions
March 2017: graphics on trade barriers, quantities, balances
Dropping TPP may end pressure for raising labor standards abroad - foot in door
taxing business by location of consumption, not production - like import duty
Porter: Asian countries may view nonratification as betrayal
Upshot: elites care more about efficiency and size of pie than most, who care more about fairness and equity
Autor et al study: import losses lead to more extreme House members
Porter on research that Nafta helped US firms stay competitive vs China
Upshot: debunks some circulating ideas in 2016 campaign
Porter cites Autor et al study showing lasting costs of more trade with China
Porter on policies to help working class in context of Trump popularity
suggests gains from opening borders before
some movement inland to lower costs
hiring in US South as Chinese wages rise, highly automated mfg develops
studies including Autor; Pierce and Schott - matching goods and production ZIP codes.
Upshot: Chair of English FA proposes limiting foreigners in English club leagues. Salaries much bigger since Bosman