“What isn’t theoretical are the higher costs for American consumers and companies Trump’s tariffs have imposed, or the retaliatory tariffs they have provoked.”
“We have to fight. We have to fight against propaganda and crackpot conspiracy theories. We have to fight isolationism, protectionism, and nativism. We have to defeat those who would worsen our divisions. We have to remind our sons and daughters that we became the most powerful nation on earth by tearing down walls, not building them.”
In the years since NAFTA, U.S. trade with its North American neighbors has more than tripled, growing more rapidly than U.S. trade with the rest of the world. Canada and Mexico are the two largest destinations for U.S. exports, accounting for more than a third of the total. Most estimates conclude that the deal had a modest but positive impact on U.S. GDP of less than 0.5 percent, or a total addition of up to $80 billion dollars to the U.S. economy upon full implementation, or several billion dollars of added growth per year.
If you think there is actually a real debate about the answer to this question, you should probably spend a little bit more time studying economics.
Restricting those alternatives, whether through well-intentioned progressive “economic localism” or the darker, reactionary forces of “economic nationalism,” harms people, and often those who can ill-afford worsening poverty.