Emotional Economics of Trade Policy

This chapter dissects the chaotic nature of recent U.S. trade policy, highlighting emotional motivations overriding economic rationale. It examines the shift from pro-trade attitudes to protectionism, reflecting on the public's reaction to economic crises and the scapegoating of trade for domestic woes. The discussion warns against the long-term implications of increasing tariffs, questioning their efficacy while emphasizing the need for comprehensive social reforms over misguided trade solutions.