Trump, Sanders Criticize Free Trade and Voters Agree
March 10, 2016•7 min
Donald Trump and Bernie Sanders are tapping into voter angst about the economy, and specifically the mantra of free trade.
"I understood that these trade agreements were going to destroy the middle class of this country," Bernie Sanders said during a Democratic presidential debate this month.
"We're going to beat Mexico at trade. We're going to beat all of these countries that are taking so much of our money away from us on a daily basis," Donald Trump said after winning the New Hampshire primary in February.
For years, Republicans and Democrats alike championed global trade, whether it was NAFTA in the 1990s or the recent Trans-Pacific Partnership.
But many voters, especially in Rust Belt states like Michigan and Ohio, are not so thrilled with trade deals. For them, these multi-national agreements only result in their jobs being sent overseas to places like Mexico, factories shutting down and, if workers are lucky to keep their jobs, receiving lower wages.
This week on Money Talking, host Charlie Herman speaks with guests Rana Foroohar with Time and Catherine Rampell with the Washington Post about the winners, and losers, of global trade and what might happen if the U.S. reversed course.