11min chapter

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Tarriffs, taxes, and trade: Doug Irwin on ChinaEconTalk

ChinaTalk

CHAPTER

The Evolution of U.S. Trade Policy

This chapter examines the pivotal contributions of a historical figure to U.S. trade policy during the early 20th century, particularly during the Great Depression. It traces the evolution of trade agreements from the establishment of GATT to the complexities of fast track legislation and the protectionist measures of the Reagan administration. The discussion highlights the implications of these trade policies through historical events leading up to World War II and compares them with modern debates surrounding trade under the Trump administration.

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