The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust. [Source]
Publication Date:Origin: nytimes.com
Category: International Trade and World Market
Topics: adjust, without, change, trade, mainly, decades, recent, decline, manufacturing, Economists, Learned, Trump, Isn’t, Lesson, Offers, Shock’, ‘China
Source: https://www.nytimes.com/2025/04/11/business/economy/tariffs-trump-china-shock.html