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Globalization

What does protectionism mean for the future of the American economy?

by Kimberly Adams
Mar 9, 2018
It's a trade policy that protects domestic interests over international trade. But at what cost?
Surrounded by applauding steel and aluminum workers, President Donald Trump holds up the Section 232 Proclamation on steel imports that he signed at the White House on March 8.
Chip Somodevilla/Getty Images
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BMW brought jobs to South Carolina. Now tariffs are causing concern.

by Kai Ryssdal and Sean McHenry
Mar 9, 2018
President Trump is shooting the American taxpayer in the foot, says Spartanburg County Councilman David Britt.
Inside Assembly North at BMW's Spartanburg manufacturing facility, the biggest BMW factory in the world.
Bridget Bodnar/Marketplace
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How to make globalization fair, according to economist Joseph Stiglitz

by David Brancaccio
Dec 1, 2017
Plus what global trade might look like if China writes the rules.
Nobel prize-winning US economist Joseph Stiglitz poses during an interview in Paris.
ERIC PIERMONT/AFP/Getty Images
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Trade Off: Stories of Globalization and Backlash

As India's economy catches up to the richer world, tensions emerge

by Scott Tong
Sep 12, 2017
People in emerging economies reap benefits from an interconnected world, but their gains can stoke resentment in developed nations.
Globalization is helping countries like China and India catch up with Western countries.
Ken Garduno, Illustrator
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Trade Off: Stories of Globalization and Backlash

Is retraining worth it? Laid off paper millworkers weigh the benefits

by Sarah Gardner
Sep 6, 2017
Government programs are meant to help those workers get new jobs. But reinvention is hard.
The remains of the NewPage paper mill in Kimberly, Wisconsin. The mill closed in 2008, leaving 600 people out of work. Kimberly-Clark Corp. built the mill in 1889.
Hayley Hershman
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Trade Off: Stories of Globalization and Backlash

Why do U.S. retraining programs fall short?

by Sarah Gardner
Sep 1, 2017
The programs for workers displaced by globalization are a half-hearted attempt to help.
Ken Garduno, Illustrator
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Trade Off: Stories of Globalization and Backlash

How the British began a free trade bonanza

by Stephen Beard
Aug 28, 2017
England's repeal of tariffs on grain imports in the 19th century kicked off a free trade explosion.
The Repeal of the Corn Laws in Manchester is a 170-year old story with ramifications that continue to this day.
Ken Garduno, Illustrator
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Trade Off: Stories of Globalization and Backlash

What does globalization look like in your life? Tell us!

by Hayley Hershman
Aug 25, 2017
In many ways, globalization has made our world smaller.
Ken Garduno, Illustrator
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Global economies are growing together, relying less on the U.S. as an engine

by Ryan Kailath
Aug 25, 2017
It also helps mitigate risk, one expert says.
National flags in front of the European Parliament on June 2016 in Strasbourg, eastern France.
FREDERICK FLORIN/AFP/Getty Images
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Trade Off: Stories of Globalization and Backlash

The American protectionism bill that made the Great Depression worse

by Sarah Gardner and Scott Tong
Aug 24, 2017
The Smoot-Hawley story you never learned in high school history class.
The Smoot-Hawley Tariff was a protectionist piece of legislation that raised tariffs on over 20,000 imported goods.
Ken Garduno, Illustrator
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