Trade and Overcapacity
A notable shift in US economic policy discourse has emerged, focusing on producer interests over consumer benefits, particularly in the context of trade with China. This change, framed around protecting American workers, has fostered bipartisan agreement on concerns about China's overcapacity, which is now viewed as a threat rather than an advantage for consumers. The implications of this nationalist and worker-centered vision are reshaping the landscape of American economic policy.In this clip
From this podcast
Odd Lots
Adam Tooze on the Big Misconceptions of the Chinese Economy
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