This week, NPR and some member stations will be talking about trade on the campaign trail and in communities around the country.
In this presidential election cycle, many Americans are casting votes based on their feelings about past trade deals, such as the North American Free Trade Agreement, and proposed deals, especially the Trans-Pacific Partnership.
But for lots of us, understanding trade deals isn't easy because international commerce creates a complex web of winners and losers — all stretched over a nearly $19 trillion
U.S. economy
The single most important idea to remember is that in such a large economy, well, it's complicated. Consider this example:
In February, Carrier Corp. announced it
would shut down
But remember that Carrier is best known for making air conditioners. As recently as 1993, about a third of U.S. homes had no air conditioning. Now, only about
1 in 10
Heat can be deadly for the elderly. Does the pain felt by a laid-off Carrier worker cancel out the relief felt by an 80-year-old Mississippian who finally can afford an air-conditioned bedroom?
Welcome to trade. Let's get started learning.
What Americans Think About Trade
Polls generally have reflected
bipartisan support
In 2010, as the Tea Party rose up, many anti-establishment Republicans started turning
against trade
Despite the recession-related dip and Tea Party backlash, trade bounced back in popularity by 2013 and 2014.
Clear majorities
In January 2016, a Pew
poll showed
However, the most recent Pew polling shows anti-trade sentiments have
now surged
Overall, 51 percent of Americans say such trade agreements have been a good thing for this country, while 39 percent believe they've been a bad thing, according to Pew.
What Economists Think About Trade In General
A
2012 survey
What Economists Say About Trade With Mexico
On NAFTA's 20th anniversary in 2014, economists re-examined the fallout and concluded it was largely a wash — with the U.S. losing some and gaining some. After reviewing that
NAFTA research
In its
NAFTA-impact report
What Economists Say About Trade With China
A recent
important study
What Pro-Trade Groups Say
-
U.S. Coalition for TPP
-
U.S. Chamber of Commerce
What Anti-Trade Groups Say
-
AFL-CIO
-
Public Citizen
What Some Studies Say
-
The China Shock
-
The Economic Effects of the Trans-Pacific Partnership
-
TTIP Beyond the Beltway
What Moody's Says About Trump Proposals
Trump calls for a 45 percent tax on all Chinese imports, and a 35 percent tariff on all goods imported from Mexico.
At the request of the
Washington Post
The U.S. economy would end up 4.6 percent smaller by 2019 than it otherwise would have been, and unemployment would rise to 9.5 percent. U.S. unemployment currently stands at 5 percent.
The Takeaway
Chinese imports did hurt a lot of U.S. workers, but most of that may now be in the rearview mirror. That's because so many factory workers already have been replaced, either by low-wage competitors in other countries, or by technology, just as farm laborers were replaced by tractors a century ago. Because of automation, U.S. manufacturers employ less than 9 percent of the U.S. workforce but generate more than
12 percent
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