A Reagan-era trade policy impacting the auto industry could offer a useful example to the current administration, says PVMI member Susan Helper. In an interview with NPR, Helper addresses the 1981 voluntary export restraint placed on Japanese carmakers in lieu of a tariff. …Read More
On his campaign trail, President Trump widely accused China of stealing American jobs and using unfair trade practices. But the reality is more complex: a Chinese firm recently bought a closed GM plant and turned it into a glass factory, in fact giving a lifeline in a hard-hit part of…Read More
In the aftermath of the US presidential elections, Canada’s economists are anticipating the potential economic impact of the new administration’s policies. As a trade-dependent economy and NAFTA member nation, Canada is one of the major exporters to the United States.…Read More
The recent U.S. election has had massive economic repercussions worldwide. Some auto industry experts believe that Korea’s car industry will suffer the most under the new administration, as talks of imposing import taxes on foreign-made cars have raised concerns among auto manufacturers.…Read More
During the recent US presidential election, trade was a topic of much heated debate. Globalization raised concerns over foreign competition, and job loss and reduced wages domestically. PVMI member Ram Mudambi, professor of international business strategy at Temple University, suggests that these fears are unfounded.…Read More
The North American Free Trade Agreement has been criticized for massive job losses in the United States’ midwestern automotive industry as jobs move to Mexico. PVMI member Susan Helper, a professor at Case Western Reserve University, notes that the expansion of the auto sector in Japan and South Korea, as well as the nonunion southeastern United States, is also to blame.…Read More
