The administration's action's on trade—including withdrawal from the Trans-Pacific Partnership (TPP), threats to renegotiate the North American Free Trade Agreement (NAFTA), considering tariffs on Mexican and Chinese imports, as well as a border adjustment tax—reflect the mistaken assumption that trade is a zero-sum game.
The truth is that there is no path to robust, sustainable, inclusive economic growth that does not embrace global trade and investment. And with 95% of global consumers outside of our borders, trade is fundamental to maintaining American competitiveness in a global marketplace.
Read more here.