Tag: Al Gore

Why trade wars are wars on the poor

November 14, 2023 | Post

In the not-so-distant past, political leaders from both sides of the aisle in the United States held a general consensus on the benefits of free trade.

During their presidential campaigns in 2000, Al Gore and George Bush, despite their differences, at least agreed on the merits of fostering open markets.

Fast forward to the present day and we find Joe Biden and Donald Trump endorsing staunchly protectionist policies.

Let’s explore what caused this complete 180 and who bears the brunt when trade is restricted.