Notes

Tariff men. In July, the American economist Katheryn Russ explored the U.S. administration’s new approach to global trade, presenting a different side of the global shift that Martin Wolf examines today.

Russ, a member of the White House Council of Economic Advisers under President Barack Obama, explores the U.S. administration’s thinking on jobs and the climate behind its break with generations of traditional U.S. trade policy. She also looks at how the administration is putting these ideas into practice, whether with subsidies to American manufacturers or through restructuring global supply chains.