CSPAN3 WSJ CEO Council Former Treasury Secretary Lawrence Summers November 28, 2017
Economist. I want to start way subject that ought to be near and dear to your heart. Nafta, and the transpacific partnership. We now have a president who believes all those things were terrible mistakes, that the u. S. Has been a loser as a result of free trade. Why are they wrong . And what are the risks of them behaving as if youre wrong . Theyre wrong because each of those were good deals and they were good deals in the following very specific sense. If you looked at how much trade barriers in the United States were reduced and you looked at how much trade barriers in the other countries we...