Matt Gold was quoted in CS Monitor about President Trump’s strategy on trade policies.
“The country-by-country trade deficit report will not add anything of value to the information in the National Trade Estimate which has been issued annually for nearly 30 years,” says Matt Gold, an adjunct law professor at Fordham University. That report, put out annually by the Office of the United States Trade Representative, identifies barriers to trade put up by each of America’s trading partners. As for collecting fees on antidumping and countervailing duties violations, “Any president would have done exactly what President Trump is doing,” he adds.
While the new report singles out those countries with which the United States is running a trade deficit, Professor Gold, who served as deputy assistant US trade representative for North America under Mr. Obama, says that this approach doesn’t tell the whole story.
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The Christian Science Monitor’s Simon Montlake noted in series on US trade and manufacturing that a Massachusetts Institute of Technology study points to automation as “an even bigger culprit [than trade]for the job loss” in US manufacturing from 1990 to 2007.
So why the tough talk on trade?
“Politics,” Gold suggests.