From the ports of Los Angeles to the cornfields of Iowa, the U.S.’s international trade policy is a force that shapes the lives of every American. With the presidential election looming in November 2024, discussing trade policy isn’t just an academic exercise – it’s a civic responsibility.
As an economist, I have spent years studying this topic. Trade policy has profound effects on how industries operate, from production locations to competitive dynamics. These changes impact everyday life, from the cost of your morning coffee to the job security in your local community.
And, because the president has extensive control over trade policy, every presidential election is a referendum on the issue.