Greg Ip's latest for the Wall Street Journal explores the real costs of global trade barriers.
Greg Ip on why trade barriers break up world-wide supply chains, the real costs are higher prices and fewer choices for consumers.
❝ Around the world the gears of globalization are shifting into reverse.
Companies spent decades farming out every step of production according to where inputs—labor, infrastructure, know-how—were optimally located. Now, as trade barriers rise, they are grappling with how to localize production again. [WSJ.com]
| GREG IP is the Chief Economics Commentator for the Wall Street Journal. Watch him talk about understanding the economy through trends and policy below, and learn more about booking Greg for your next event today. |
