Hosted by Tomas Hult, this segment of the globalEDGE Business Beat is an opinion segment on the show titled “Moving from win-win to win-lose trade policy will end in lose-lose.”
Tomas Hult is Professor and Byington Endowed Chair in the Eli Broad College of Business at Michigan State University.
Dr. Hult also published this piece as a an op-ed article in The Hill, with the same title, on August 1, 2018. The focus of the segment is that the value of trade across borders has grown faster than the growth in the cumulative production (GDP) of all countries for more than half a century.
But, as the recent tariff and trade wars have escalated, so has the grimmer outlook for the value of international trade and global efficiencies that the world has been developing over decades. What can we expect?