Scapegoating trade for problems real and imagined is nothing new. Blaming the Japanese, Mexicans, Chinese, and other foreigners for domestic woes ingratiates politicians to excitable elements of the electorate and helps them direct voter anger away from their own records. It has become a kind of quadrennial tradition ever since the North American Free Trade Agreement (NAFTA) debate took center stage in the 1992 election.
Whereas trade economics focuses on the benefits of trade, emphasizing the net gains from specialization and trade, trade politics is more about the impediments to full liberalization and the processes through which gradual liberalization is made possible.
On this page you will find Cato’s analyses of the political obstacles to trade and the political processes through which liberalization is made possible.