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Should we continue to focus on global free trade even if it harms certain industries and...

Should we continue to focus on global free trade even if it harms certain industries and results in unemployment for people working in those industries?

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Yes, we should continue to focus on global free trade because trade deals can displace some workers from their current jobs, but they also create many new jobs in areas where America has a competitive advantage such as business services and high-tech industries. Second, despite its harms to some manufacturing interests, free trade also has generated broad-based benefits for U.S. consumers, businesses, and workers. Compared to overall U.S. job creation and dislocation each month, affected largely by technological advances and changes in consumer demand, the impact due to trade agreements is exceedingly small, but positive because, on balance, trade pacts create better and higher paying jobs than the ones displaced. For unemployment steps can be taken.


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