Atit-for-tat battle among nominal trade partners goes global, and there's no sign of a peace treaty on the horizon. The ongoing controversy over U.S. trade policy has largely focused on the nation's relationship with China. The offshoring of American manufacturing to that country, coupled with a flow of cheap imports from China, has fueled tensions at home that might well have been the deciding factor in the 2016 presidential election. Even now, accusations of unfair trade practices and retaliatory measures on both sides show no sign of abating. In this conversation, excerpted from an episode of The SupplyChainBrain Podcast, William Perry, international trade specialist and attorney with the law firm of Harris Moure, explains how the global trade war got out of control. He offers a glimpse behind the scenes of U.S. policymaking on trade, and details how well-meaning actions to protect the jobs of American workers can have unforeseen consequences.
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