The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.

Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.

Apr 11, 2025 - 17:00
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The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.