Source: Dr. Mike Walden, WRAL TECHWIRE, 1/24/20


Editor’s note: Dr. Mike Walden is a William Neal Reynolds Distinguished Professor in the Department of Agricultural and Resource Economics at North Carolina State University who teaches and writes on personal finance, economic outlook, and public policy.

 For the past two years, the US has been locked in international trade disputes – frequently called trade wars – with several countries.  There’s now been a thaw in some of these disputes with the recent conclusion of new trade deals with Canada, Mexico, and China.  The question for North Carolina is, will these deals help our state economy? Before I give my analysis and answer, let’s start with some background on why the trade disputes occurred in the first place.  Since the end of World War II, trade between countries has increased.  

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