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This week's IGM Economic Experts Panel statements:
A) If all of the “Seven actions to protect American workers” in President-elect Trump’s 100-day plan (see link) are enacted, it will more likely than not improve the economic prospects of middle-class Americans over the next decade.
B) If all of the “Seven actions to protect American workers” in President-elect Trump’s 100-day plan are enacted, it will more likely than not improve the economic prospects of low-skilled Americans over the next decade.
This week's IGM Economic Experts Panel statement:
Adding new or higher import duties on products such as air conditioners, cars, and cookies — to encourage producers to make them in the US — would be a good idea.
This week’s IGM Economic Experts Panel statement:
Past experience suggests that economic sanctions do little to deter the target countries from their course of action.
This week’s IGM Economic Experts Panel statement:
Refusing to liberalize trade unless partner countries adopt new labor or environmental rules is a bad policy, because even if the new standards would reduce distortions on some dimensions, such a policy involves threatening to maintain large distortions in the form of restricted trade.
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