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Podcast: Cato Event Podcast
Episode: Trade and American Leadership: The Paradoxes of Power and Wealth from Alexander Hamilton to Donald Trump
Description: From the nation building of Alexander Hamilton to the trade wars of Donald Trump, trade policy has been a key instrument of American power and wealth. The open trading system that the United States sponsored after the Second World War has served US interests by promoting cooperation and prosperity but has also allowed the allies to become more independent and China to rise. The case studies in Trade and American Leadershipexamine how the value of preferential trade programs is undercut by the multilateral liberalization that the United States promoted for generations, and how trade sanctions tend to be either...