The Real Economy: Volume 54
Counting the costs of trade
THE REAL ECONOMY |
Recent scholarly research has validated concerns about the comprehensive absorption of costs associated with the number of trade spats in which the United States is now engaged. That research implies that American firms and households are paying a $3 billion-per-month increase in costs caused by trade policy, in addition to absorbing roughly $1.4 billion in welfare losses associated with the policy shift on trade. If these polices are sustained or expanded, an expected $165 billion in investment will be redirected away from the United States and China, imposing large costs on companies that have constructed related supply chains over the past two generations.
In this issue of The Real Economy, we explore the true impact of current trade policies on consumers and the middle market. In addition, we examine risk factors affecting the agricultural sector and how technology could address the industry’s challenges. Also, in our Industry Spotlight, we feature how some health care systems are using education acquisitions to install their own talent pipelines in response to a shortage of skilled labor. Download the full report.
IN THIS ISSUE
Research implies that U.S. consumers and firms are paying a $3 billion-per-month increase in costs due to current trade policies.
Health care systems are using acquisitions to install their own talent pipelines in response to a shortage of skilled labor.