This story has mostly positive ratings. 21 votes / No sinks

Trouble With Trade

Money – For the world economy as a whole--and especially for poorer nations--growing trade between high-wage and low-wage countries is a very good thing. But for American workers the story is much less positive. It's hard to avoid the conclusion that growing U.S. trade with third world countries reduces the real wages of many workers in this country.

Tags: free trade, protectionism, economic policy, imports, outsourcing, manufacturing

View Story Discuss (0) (nytimes.com) 190 days ago by Beau7890

Report