Matthew Klein of Barron’s on Trade Wars and the Growing US Trade Deficit
A webinar by the International Trade Club of Chicago
Matthew Klein, Economics Commentator, Barron's
Matthew Klein observes that the difference between U.S. exports and imports of manufactured goods is now at its highest level ever relative to the size of the economy, having grown from about 4% of gross domestic product before the pandemic to roughly 5% in March 2021. Moreover, he maintains that some of the funds appropriated for the Cares Act and follow-on legislation effectively leaked outside America’s borders, partly compensating households and businesses in the rest of the world.
His commentary is informed by the view that a global conflict between unequal economic classes within countries is being misinterpreted as a series of trade, commercial and political conflicts between countries with competing national interests. The result across the world is that the rich have prospered while workers can no longer afford to buy what they produce, have lost their jobs, or have been forced into higher levels of debt.
This presentation is designed for the global trade practitioner who:
Registrants are encouraged to purchase:
Trade Wars Are Class Wars | Yale University Press
Register online [NOTE: Registrants must complete registration with Check In. See confirmation email. Deadline: 4:15 pm CT, 28 April. No entry to event after that. Late Check Ins will receive recording.]
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Welcome and introductions by:
Closing remarks and adjournment by:
For information only, no registration:
ITCC / Karl L. Buschmann firstname.lastname@example.org
Webinar made possible by BURG Translations