The election of Donald J. Trump as the next U.S. president has broken the false dichotomy between free trade and protectionism, launching a new era in U.S. trade policy. By tapping into the resentment of those left behind-including manufacturing workers and small and midsize manufacturers-Trump's election underscored the degree to which the negative effects of free trade policies have been ignored or downplayed. Since his election, some prominent thought leaders who earlier would have reflexively screamed "protectionism" at the slightest defense of trade rules have come around to the idea that changes need to be made.
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