Fed's Powell Says Lower Trade Barriers Help Economy Over Time

The video discusses the impact of trade policies on middle class Americans, emphasizing the benefits of lower trade barriers and the potential negative effects of protectionism. It highlights the involvement of other countries like Canada and Europe in trade disputes and the broader implications for global trade. The discussion also covers the adverse effects on certain labor groups, particularly those at the margins of the labor force, who are more vulnerable to economic downturns.

What challenges do factory workers face in the context of trade and employment?

How might groups at the margins of the labor force be impacted by economic downturns?