protectionism

Domestic policies should do more to address inequality in the gains from international trade

Rising local protectionism reduces interprovincial trade and manufacturing exports, and increases ’inward-looking’ sourcing by local intermediaries

The aggregate annual loss to US consumers from higher import prices as a result of the trade war with China could be as much as $68.8 billion

Does trade increase inequality? The answer is nuanced and context-specific, but the solution for policymakers is not protectionism.

Eric Verhoogen explains the relationship between trade liberalisation and wage inequality in developing countries.