Global in the Granite State
Over the past decade or so, the United States has pursued an approach to global trade that seems to rest on the idea that globalization has not worked, that we have lost too much, and that the world is taking advantage of us. From Hilary Clinton campaigning against the Trans-Pacific Partnership (a free trade agreement she worked to craft) to the current tariff frenzy, politicians on both sides of the aisle have blamed trade for a whole host of problems here in the U.S. However, as the U.S. moved in a more protectionist direction over the past three administrations, the rest of the world continues to craft trade deals that go around the United States. In this month's episode, we take a look at the history of international trade and unpack how things have shifted from the protectionism of the 1930s, to the opening of trade in the Post World War II era, and into today. It remains fascinating that Americans, for the most part, are supportive of free and open trade with other countries, that majorities do not like the tariffs, and many would be disappointed to see their favorite products disappear from store shelves, that both Parties are implementing policies that fly in the face of public opinion. Join the global conversation to take a deeper dive into the world of trade, its challenges, and what it looks like when the United States decides to sit on the sidelines. William Reinsch is a senior adviser and Scholl Chair emeritus with the Economics Program and Scholl Chair in International Business at the Center for Strategic and International Studies (CSIS). Previously, he was a senior advisor at the law firm of Kelley, Drye & Warren and served for 15 years as president of the National Foreign Trade Council, which represents multinational companies on international trade and tax policy issues. From 2001 to 2016, he concurrently served as a member of the U.S.-China Economic and Security Review Commission. He is also an adjunct assistant professor at the University of Maryland School of Public Policy, teaching a course in trade policy and politics. Reinsch also served as the under secretary of commerce for export administration during the Clinton administration. Prior to that, he spent 20 years on Capitol Hill, most of them as senior legislative assistant to the late senator John Heinz (R-PA) and subsequently to Senator John D. Rockefeller IV (D-WV). He holds a BA and an MA in international relations from the Johns Hopkins University and the Johns Hopkins School of Advanced International Studies respectively.
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