Who Benefits From Trump’s Tariffs?
Within weeks of assuming the presidency, Donald Trump has instituted tariffs on Mexico, Canada, and China. Trump has touted protectionism as a way of supporting American workers. In this episode of Confronting Capitalism, Catalyst editor Vivek Chibber and Jacobin contributor Melissa Naschek discuss how nineteenth and twentieth-century protectionist trade policies helped build domestic manufacturing bases around the world, but why Trump's twenty-first century tariffs are very different. While decades of global free trade have contributed to deindustrialization, workers are not likely to benefit from Trump’s tariffs.