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Dollar & Sense: The Brookings Trade Podcast - How is COVID-19 affecting US trade?

How is COVID-19 affecting US trade?

08/10/20 • 21 min

Dollar & Sense: The Brookings Trade Podcast

In this episode of Dollar & Sense, we flip the format and ask host David Dollar what new data can tell us about how the COVID-19 pandemic and the associated recession are affecting U.S. trade. Dollar shares insights on which industries have been hit hardest, how the recession will alter the U.S. trade deficit and the phase one trade deal with China, and the likelihood American companies begin reshoring their manufacturing and value chains.

Dollar and Sense is a part of the Brookings Podcast Network. Send feedback email to [email protected], and follow us at @policypodcasts on Twitter.

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In this episode of Dollar & Sense, we flip the format and ask host David Dollar what new data can tell us about how the COVID-19 pandemic and the associated recession are affecting U.S. trade. Dollar shares insights on which industries have been hit hardest, how the recession will alter the U.S. trade deficit and the phase one trade deal with China, and the likelihood American companies begin reshoring their manufacturing and value chains.

Dollar and Sense is a part of the Brookings Podcast Network. Send feedback email to [email protected], and follow us at @policypodcasts on Twitter.

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Globalization has earned a bad reputation in the United States for contributing to many of the challenges that American workers face. Rather than trying to reverse globalization with more protectionism, a position that’s gained traction in Washington, Reed College Professor Kimberly Clausing argues the U.S. should pursue policies that directly help workers, like wage insurance and tax reform. She joins David Dollar to make the case for openness and recommend complementary policies that would ensure the benefits of globalization are evenly shared.

Clausing is the author of “Open: The Progressive Case for Free Trade, Immigration, and Global Capital.”

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Dollar and Sense is a part of the Brookings Podcast Network. Send feedback email to [email protected], and follow us at @policypodcasts on Twitter.

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