Goolsbee: Isolationist Thinking Makes You Poor, Not Rich

The transcript discusses the implications of a potential border tax under the Trump administration, highlighting concerns about protectionism and its economic impact. It examines China's strategic moves in Asia following the potential abandonment of the TPP and outlines expectations for Trump's first 100 days, focusing on economic policies like tax reform and trade agreements. The discussion also touches on the potential benefits of renegotiating NAFTA and TPP, particularly in areas like intellectual property.

What does the speaker suggest about the feasibility of President Trump's economic goals in the first 100 days?

How might renegotiating NAFTA benefit the US economy according to the discussion?

What modernization aspects could be beneficial in the context of trade agreements?