A return to reciprocity in US trade policy

January 16, 2024

As the United States enters another presidential election year, experts will be at the ready to clarify, debunk, and correct the oversimplifications and flat-out falsehoods spewed by candidates on the campaign trail.

Though all policy issues are vulnerable to this phenomenon, trade stands out, not only for the haphazard way that politicians explain it, but also the repeated misconceptions that have amplified a false narrative warning of the costs of openness and touting the benefits of closure. When Donald J. Trump calls the North American Free Trade Agreement “the worst deal ever negotiated,” and vows to bring jobs back home, detailed expert rebuttals struggle to contend with those punchy soundbites.