Is the World De-Globalizing?

With international trade still reeling from the COVID-19 pandemic and Russia’s invasion of Ukraine, countries are turning inward by prioritizing domestic investments over global trade. The recently passed Inflation Reduction Act and U.S. President Joe Biden’s calls to “Buy American” have prompted accusations of “protectionism” from leaders in Asia and Europe.

FP’s Ravi Agrawal is joined by U.S. Trade Representative Katherine Tai to discuss the Biden administration’s economic policies and whether these initiatives create unfair competition. 

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