Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 8/1/18

Text of StoryAn overlooked question in the debate over President Trump’s trade policy is “Why has the U.S. reversed long-standing positions on free trade?” It is important to ponder this question, especially for supporters of free trade. Reversals of long-standing positions are usually rooted in deeper changes. Understanding these deeper changes are important to understanding how policy may evolve and to positioning ideas for influence. Objective of this article is to encourage discussion of this strategic question. The article is in part speculative given the recent nature of the question. The proposed answer is the rapid decline in U.S. share of world economic growth since the turn of the millennium.

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